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Q Holding buys medical catheters maker Degania Silicone

By acquiring Degania, which has a production facility in India, Q Holding will strengthen its position as the leading global supplier of engineered elastomeric products to healthcare sector

BS B2B Bureau  |  Twinsburg, Ohio 

Medical devices
Medical catheters

Company, owned by 3i and the maker of components, has entered into an agreement to purchase Ltd, a leading international manufacturer of medical catheters. 

represents a transformative acquisition for Q Holding, creating a market-leading and component manufacturer offering complete flexible technology solutions for applications. produces critical end products that are used on a daily basis in settings in applications such as cardiology, general surgery and drug delivery. 

Degania, which employs about 1,700 globally, has R&D & manufacturing facilities in Israel, India, France and Slovakia. The company’s Indian arm, Medical Devices Pvt Ltd, assembles, packs and sterilises urological at its facility in Gurgaon (Haryana).

“We are delighted to have reached this agreement to purchase Degania. The businesses are highly complementary and the acquisition represents a critical milestone in diversifying and internationalising the business. It will significantly enhance the value we can deliver to our global customer base thanks to Degania’s strong R&D capabilities in Israel and France and state?of?the?art facilities in Israel, France, India and Slovakia,” commented Randy Ross, chief executive of Q Holding.

markets three brands – (a premier developer and manufacturer of medical for global OEMs); Arthesys (a cardiovascular and peripheral vascular catheter designer and manufacturer specialising in for stent delivery); and Biometrix (a manufacturer and provider of catheter-related kits for hospitals and health care distributors). Across these segments, partners with a wide base of global OEM customers that are market leaders in their respective product categories.

Together, and will offer an unprecedented suite of development and manufacturing services, material technologies, analytical tools and industry expertise. The combined business will also offer complete product lifecycle management with assembly, packaging and 510K management for customers’ outsourcing needs with a network of operations that can bring the supply chain close to the consumption point.

Richard Relyea, managing director, 3i North America, added, “3i is pleased to support in this transformative acquisition of Degania. This combination creates a leader in precision components and assemblies and advances our goal of building the premier global supplier of engineered products for the high growth and electrical management markets.”

Company is a leading global manufacturer of highly-engineered precision-moulded components used in a broad range of medical, pharmaceutical and electrical management applications. is vertically integrated with in-house Quadra Tooling & Automation, enabling rapid turnaround and the largest selection of proprietary tooling capabilities in the industry. 

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Q Holding buys medical catheters maker Degania Silicone

By acquiring Degania, which has a production facility in India, Q Holding will strengthen its position as the leading global supplier of engineered elastomeric products to healthcare sector

By acquiring Degania, which has a production facility in India, Q Holding will strengthen its position as the leading global supplier of engineered elastomeric products to healthcare sector
Company, owned by 3i and the maker of components, has entered into an agreement to purchase Ltd, a leading international manufacturer of medical catheters. 

represents a transformative acquisition for Q Holding, creating a market-leading and component manufacturer offering complete flexible technology solutions for applications. produces critical end products that are used on a daily basis in settings in applications such as cardiology, general surgery and drug delivery. 

Degania, which employs about 1,700 globally, has R&D & manufacturing facilities in Israel, India, France and Slovakia. The company’s Indian arm, Medical Devices Pvt Ltd, assembles, packs and sterilises urological at its facility in Gurgaon (Haryana).

“We are delighted to have reached this agreement to purchase Degania. The businesses are highly complementary and the acquisition represents a critical milestone in diversifying and internationalising the business. It will significantly enhance the value we can deliver to our global customer base thanks to Degania’s strong R&D capabilities in Israel and France and state?of?the?art facilities in Israel, France, India and Slovakia,” commented Randy Ross, chief executive of Q Holding.

markets three brands – (a premier developer and manufacturer of medical for global OEMs); Arthesys (a cardiovascular and peripheral vascular catheter designer and manufacturer specialising in for stent delivery); and Biometrix (a manufacturer and provider of catheter-related kits for hospitals and health care distributors). Across these segments, partners with a wide base of global OEM customers that are market leaders in their respective product categories.

Together, and will offer an unprecedented suite of development and manufacturing services, material technologies, analytical tools and industry expertise. The combined business will also offer complete product lifecycle management with assembly, packaging and 510K management for customers’ outsourcing needs with a network of operations that can bring the supply chain close to the consumption point.

Richard Relyea, managing director, 3i North America, added, “3i is pleased to support in this transformative acquisition of Degania. This combination creates a leader in precision components and assemblies and advances our goal of building the premier global supplier of engineered products for the high growth and electrical management markets.”

Company is a leading global manufacturer of highly-engineered precision-moulded components used in a broad range of medical, pharmaceutical and electrical management applications. is vertically integrated with in-house Quadra Tooling & Automation, enabling rapid turnaround and the largest selection of proprietary tooling capabilities in the industry. 

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Business Standard
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Q Holding buys medical catheters maker Degania Silicone

By acquiring Degania, which has a production facility in India, Q Holding will strengthen its position as the leading global supplier of engineered elastomeric products to healthcare sector

Company, owned by 3i and the maker of components, has entered into an agreement to purchase Ltd, a leading international manufacturer of medical catheters. 

represents a transformative acquisition for Q Holding, creating a market-leading and component manufacturer offering complete flexible technology solutions for applications. produces critical end products that are used on a daily basis in settings in applications such as cardiology, general surgery and drug delivery. 

Degania, which employs about 1,700 globally, has R&D & manufacturing facilities in Israel, India, France and Slovakia. The company’s Indian arm, Medical Devices Pvt Ltd, assembles, packs and sterilises urological at its facility in Gurgaon (Haryana).

“We are delighted to have reached this agreement to purchase Degania. The businesses are highly complementary and the acquisition represents a critical milestone in diversifying and internationalising the business. It will significantly enhance the value we can deliver to our global customer base thanks to Degania’s strong R&D capabilities in Israel and France and state?of?the?art facilities in Israel, France, India and Slovakia,” commented Randy Ross, chief executive of Q Holding.

markets three brands – (a premier developer and manufacturer of medical for global OEMs); Arthesys (a cardiovascular and peripheral vascular catheter designer and manufacturer specialising in for stent delivery); and Biometrix (a manufacturer and provider of catheter-related kits for hospitals and health care distributors). Across these segments, partners with a wide base of global OEM customers that are market leaders in their respective product categories.

Together, and will offer an unprecedented suite of development and manufacturing services, material technologies, analytical tools and industry expertise. The combined business will also offer complete product lifecycle management with assembly, packaging and 510K management for customers’ outsourcing needs with a network of operations that can bring the supply chain close to the consumption point.

Richard Relyea, managing director, 3i North America, added, “3i is pleased to support in this transformative acquisition of Degania. This combination creates a leader in precision components and assemblies and advances our goal of building the premier global supplier of engineered products for the high growth and electrical management markets.”

Company is a leading global manufacturer of highly-engineered precision-moulded components used in a broad range of medical, pharmaceutical and electrical management applications. is vertically integrated with in-house Quadra Tooling & Automation, enabling rapid turnaround and the largest selection of proprietary tooling capabilities in the industry. 

image
Business Standard
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