Vantedge Medical today announced the acquisition of Hobson & Motzer.
Founded in 1912 and based in Connecticut, Hobson makes precision medical devices for the global surgical stapler market. The company's entire sales stream is derived from medical consumables devices.
Hobson's facilities are highly automated and house a broad set of capabilities, including progressive stamping, precision electrochemical machining, coined wire, and tool and die capabilities. Hobson represents Vantedge's fifth medical technology add-on acquisition since 2018.
The acquisition of Hobson further strengthens Vantedge's position as a manufacturing partner to blue-chip medical OEMs and broadens Vantedge's consumable portfolio offering. Since Aterian Investment Partners acquired Vantedge in May 2018, the company has acquired five medical technology businesses, established and fully commercialized new production facilities, completed substantial equipment capacity expansion and significantly invested in human capital.
Headquartered in San Jose, California, Vantedge now operates nine facilities across the United States with more than 1,200 employees.
