Arterex, a medical device developer and contract manufacturer, completed its acquisition of Phoenix S.r.l., a European developer and manufacturer of medical devices with global sales. Financial terms of the transaction were not disclosed.
As the newest addition to the Arterex group of medical device contract manufacturing companies, Phoenix brings expertise in the design, development, and manufacture of disposable medical devices, along with assembly and packaging services in ISO 8 clean rooms.
Located near Modena, Italy, Phoenix develops, assembles, and packages medical devices in just over 37,000 ft2 of manufacturing space and four ISO 8 clean rooms. The company is ISO 13485:2016 certified and operates in compliance with the European Union’s MDR (Medical Device Regulation).
The acquisition marks the next chapter in Arterex’s journey to provide customers in North America and Europe with comprehensive services including design, development, engineering, compounding, extrusion, injection molding, tooling and mold builds, as well as advanced assembly and packaging capabilities. Arterex operates through nine state-of-the-art manufacturing facilities across three continents with over 1,250 employees and is a global leader of diversified manufacturing solutions to the medical device and life sciences industries.
