Cretex Medical, a provider of contract medical device manufacturing and engineering services, has signed a definitive agreement to acquire Atemisa Precision, S.A. in Alajuela, Costa Rica. The company provides machining services to the medical and industrial sectors in Costa Rica.
The transaction is expected to close before the end of the year. Financial terms were not disclosed.
By integrating Atemisa’s machining expertise with Cretex Medical’s newly constructed facility in Cartago, Costa Rica, the company will strengthen its local, vertically integrated capabilities, including advanced machining, molding, laser processing, and assembly.
“The planned acquisition of Atemisa is a strategic investment that strengthens Cretex’s global presence and underscores our long-term commitment to Costa Rica,” said Jeff Wollerman, CEO and President of Cretex Companies. “Atemisa’s reputation for excellence, deep local experience, and strong customer partnerships align perfectly with Cretex’s culture of continuous improvement and customer focus. Together, we’re expanding our capabilities and scale to better support our customers’ growth and success for years to come.”
