Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe Weekly eNewsletter
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

MATERI’ACT Dallas to speed up development of recycled compounds for automotive

Syensqo introduces new MTM epoxy prepreg with bio-sourced monomers

INEOS Automotive and BASF Coatings division partner in vehicle body repair and paint refinish

Products

Coperion optimizes laboratory extruder design for greater flexibility and safety

HASCO offers hot runner with Primezone control unit and OPC UA interface

BOY to present two small injection molding machines at CHINAPLAS 2024

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry And Market

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

CHINAPLAS

CHINAPLAS 2023 Focus

News Videos

(CHINAPLAS) Kuncai Technology: Sustainable development and cost management are focuses

5L Full Automatic PET Bottle Blowing Machine

Plastic raffia bag wasching recycling line

Conference Videos

【Mandarin session:Webinar playback】Meusburger: More efficient and very accurate temperature control systems guarantees your success in moulding industry.

【Mandarin session:Webinar playback】HPF: High-performance fillers used in Thermalset polymers and special high temperature plastic to improve thermal conductivities and reinforcement.

【Mandarin session:Webinar playback】Covestro: Expands Sustainability Solutions for Healthcare Industry

TechHub@CPRJ

(Bilingual subtitles) 【Walk with industry expert】Interview with Guofeng Wang, President of Henan Tuoren Zhongke Medical Technology Co., Ltd

(Bilingual subtitles) 【Walk with industry expert】Interview with Professor Bin Li , Donghua University

(Bilingual subtitles)【Walk with industry expert】Interview with Previous Midea Material expert Mr.Fei

Home > News > Medical

DuPont to acquire specialty medical devices manufacturer Spectrum

Source:Adsale Plastics Network Date :2023-05-08 Editor :JK
Copyright: 原创,请勿转载

DuPont has entered into a definitive agreement to acquire Spectrum Plastics Group from AEA Investors. Spectrum is a leader in advanced manufacturing of specialty medical devices and components, serving 22 of the top 26 medical device OEMs with a strategic focus on key fast-growing therapeutic areas such as structural heart, electrophysiology, surgical robotics and cardiovascular.

 

Spectrum has more than 2,200 employees and has delivered consistent high single-digit growth rates for many years. With its strong financial performance, advanced manufacturing expertise, and customer-centric orientation, Spectrum is aligned with DuPont’s strategic objective of delivering innovative specialized materials and solutions into attractive end markets with long-term secular growth trends.


1.jpg

DuPont will acquire Spectrum Plastics Group, a leader in advanced manufacturing of specialty medical devices and components.


“We have been focused on Spectrum for a long time and our team is extremely excited for this opportunity,” shared Ed Breen, Executive Chairman and Chief Executive Officer of DuPont. “Spectrum is a compelling strategic complement to our existing healthcare portfolio, which already includes businesses with best-in-class innovation, deep customer relationships and with strong growth and profitability. With this combination, we’ll be able to offer customers additional innovation and manufacturing capabilities with a broader and more integrated solution set.”

 

“Through investments in the commercial and engineering organizations and expansion of its manufacturing operations, Spectrum has enhanced its capabilities and offerings in medical end markets and achieved significant growth and increased profitability,” said Rahul Goyal, a Partner at AEA Investors. “We are proud to have supported Spectrum’s transformation for the past five years and believe DuPont is an excellent partner for Spectrum.”

 

The purchase price will be paid from existing cash balances. The transaction is expected to close by the end of the third quarter of 2023, subject to regulatory approvals and other customary closing conditions.

 Like 丨  {{details_info.likes_count}}
Medical
Acquisition
DuPont
 Guangdong Yilong Advanced Materials Technology Co Ltd      
Chat
 SUNMAC MACHINERY CO., LTD      
Chat
 Sinochem Internation Corporation      
Chat

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit

Recommended Articles

Medical
(Focus) Polymer Innovation Triumphs in Medical Development
 2024-02-27
Medical
Amcor expands thermoforming capabilities for healthcare manufacturing in North America
 2024-02-21
Medical
Henkel introduces instant adhesives for medical device applications
 2024-02-19
Medical
Biocompatible Grades - Medical TPU
 2024-02-02
    1   
  GREAT EASTERN RESINS INDUSTRIAL CO.,LTD. 标准会员
Medical
Covestro develops new copolycarbonate with high heat resistance for medical application
 2024-02-02
Medical
INEOS Styrolution showcases sustainable styrenics for medical device applications
 2024-01-24

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}   
Chat
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
Add
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  
 Chat

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency Industry 4.0 CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Wechat