Arterex, a medical device contract manufacturer, has signed an agreement to acquire NextPhase Medical Devices.
NextPhase is a class II and III medical device contract manufacturer of complex electromechanical devices, active implantable devices and single use disposables in North America. It provides design and engineering, manufacturing and assembly, quality and regulatory, and supply chain and logistics management services enabling its customers to bring low-to-medium volume complex medical devices to market.
This transaction follows Investindustrial’s original investment in Arterex – created through the combination of four complementary companies across the US and Europe (October 2022) - to build a global multi-capability medical device contract manufacturer with an industry leading management team.
Arterex’s acquisition of NextPhase doubles the size of the group and creates a top-tier global medical device contract manufacturer with 70% of its revenues generated in the US. The combined Group comprises 7 well-capitalized end-to-end manufacturing facilities across North America, Europe and North Africa, a broad range of manufacturing capabilities and strong end-market exposure across international markets.
Arterex will be able to leverage its strong dedicated local capabilities across countries to best service its clients, which include mostly global medical device original equipment manufacturers.
