Cirtec Medical Corp., Lowell, Mass., has acquired QMD Precision Components, a business that specializes in the development and manufacturing of silicone, polyisoprene, and other custom elastomeric components, tubing, and subassemblies.
Cirtec is a strategic outsourcing partner of complex medical devices, including minimally invasive and active implantable devices. The acquisition will enable Cirtec to provide customers with advanced expertise in medical silicone molding and extrusion. The integration of Precision Components within the Cirtec brand will offer comprehensive, integrated solutions based on decades of silicone experience. The acquisition will also strengthen Cirtec’s platform for growth in existing markets such as active implantables, interventional, and minimally invasive surgical devices. Precision Components consists of Centers of Excellence in Sturtevant, Wisconsin, and Rock Hill, South Carolina, and engineering and manufacturing capabilities will remain at the facilities, along with current leadership.
