Röchling Advent Tool & Mold, Inc., takes over Precision Medical Products, Inc., (PMP) based in Denver, Pennsylvania (USA), an American medical technology specialist to expand its Medical division.
Professor Hanns-Peter Knaebel, CEO of the Röchling Group responsible for the Medical division, said, “This acquisition will allow us to significantly strengthen the position of Röchling as a provider of sophisticated medical technology products and implement our growth strategy in the USA. Furthermore, we expect the acquisition to provide synergies with our other locations that are dealing with the issue of medical technology. Pointed out that Precision Medical Products had acquired an excellent reputation in terms of quality and innovation, he added, “This is an exact fit with the Röchling philosophy and a solid foundation for future success.”
With rich experience of more than 50 years in the manufacture of medical equipment and nearly 100 years of experience in the development and manufacture of needles and other precision-manufactured metal products, PMP offers a wide range of services that include engineering services, metalworking, injection molding, equipment assembly, packaging, and sterilization.
Many reputed OEMs (original equipment manufacturers) outsource their manufacturing and design to PMP as a supplier. PMP has manufactured autoinjectors (special syringes for anaphylactic shock), medical products (minimally invasive instruments for eye surgery), bifurcation needles (special needles for vaccinations and allergy testing) and special syringes for bone cement. PMP focuses on quality and innovation, provides a complete package from one source supported with a highly modern and representative production location in Denver, Pennsylvania.
The Medical division of the Röchling Group offers a wide range of standard and tailored plastic products in the fields of pharmaceuticals, diagnostics, surgery and life sciences that are used in innovative drug delivery systems, primary packaging systems, surgical instruments and disposable diagnostic items.