Autocam Medical Devices completed the cash transaction acquisition of Southeastern Technology, according to a Grand Rapids Business Journal report.
Autocam has not disclosed the transaction amount as yet. Southeastern Technology will operate under Autocam as the Southeastern Technology Division, and it will maintain its current leadership and employees.
Both companies are specialty contract manufacturers primarily serving original equipment manufacturers in the medical device industry. Implants and instruments manufactured by the companies include orthopedic devices and disc replacement and vertebrate stabilization devices, according to the report.
More articles on devices:
IlluminOss Medical gets 2 new patents — 5 quick facts
Oxford Performance Materials launches 3D printing technology for aerospace & industrial applications
Will Thomas Sullivan serve on Span-America Medical Systems' board of directors? 4 quick facts