M&As this week: Tecomet, Horizon Scientific, Enhanced Medical Services (EMS)

20 October 2016 (Last Updated October 20th, 2016 18:30)

Tecomet has expanded its capabilities in minimally invasive surgery applications by acquiring Mountainside Medical, a supplier of medical device components and instruments for minimally invasive surgical devices.

Tecomet has expanded its capabilities in minimally invasive surgery applications by acquiring Mountainside Medical, a supplier of medical device components and instruments for minimally invasive surgical devices.

Mountainside Medical offers a wide range of precision machined components for the minimally invasive market, including laparoscopic instruments and jaws, orthopedic / neuronavigation instrumentation, and electrosurgical instruments, which have now become part of Tecomets’ product portfolio.

The company also has a strong pipeline of products in development stage.

"Horizon will get access to its broader engineering and manufacturing capabilities that help deliver product ideas and customer solutions more quickly."

Horizon Scientific has been acquired by Standex International for an undisclosed sum.

The acquisition will enable Standex to expand its product portfolio and gain access to scientific, bio-medical and pharmaceutical temperature and environmental control markets for which the acquirer supplies laboratory refrigerators, freezers and cryogenic equipment.

By becoming a part of Standex, Horizon will get access to its broader engineering and manufacturing capabilities that help deliver product ideas and customer solutions more quickly.

Ophthalmic equipment reseller, Enhanced Medical Services (EMS), has purchased Vision Systems (VSI), a company based in Florida, US, to offer its customers a wider selection of new and pre-owned ophthalmic equipment.

VSI will operate as a unit of EMS with all its employees and owners continuing the same roles in the company.