Cirtec Medical Announces Acquisition of Metrigraphics

Friday, December 21, 2018 General News
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Acquisition Further Positions Cirtec as a Leading Vertically Integrated Provider of Design and Contract Manufacturing Services for Complex Medical Devices

MINNEAPOLIS, Dec. 21, 2018 /PRNewswire-PRWeb/ Cirtec Medical Corporation, a strategic outsourcing partner for complex

medical devices including active implantables and minimally invasive therapeutic devices, today announced that it has acquired Metrigraphics, LLC, a leading manufacturer of ultra-high precision, custom micron-scale circuits and components for medical devices and other critical applications.

Metrigraphics has combined core technologies of electroforming, photolithography and thin film processing with their own proprietary processes to provide ultra-miniature components that increase the performance, accuracy, and reliability of state-of-the-art medical and wearable devices. Adding Metrigraphics' micron-component experience further expands Cirtec's design, development and manufacturing capabilities, creating one of the most comprehensive medical device outsourcing companies in the industry.

Brian Highley, CEO of Cirtec Medical commented, "This acquisition fits perfectly with Cirtec's focus on active implantables and aligns well with our strategy of expanding capabilities serving minimally invasive interventional therapeutic products. Metrigraphics is known for its micron-level fabrication expertise. We plan to continue to enhance these capabilities to support our core customers, including those in the neuromodulation and active implantable markets, and to increase our investment in wearables and other biomedical applications."

Metrigraphics currently employs approximately 200 employees. The company is ISO 9001 certified and RoHs compliant and will remain in their 46,000 sq. ft. facility in Lowell, Massachusetts.

"We are very excited to partner with an organization with such deep focus on complex and technically challenging medical device applications," said Mark Fortin, CEO and President of Metrigraphics. "For over 50 years Metrigraphics has been an industry-leading provider of micron-level fabrication. This acquisition will allow us to further expand our offerings, and provide additional opportunities to our employees."

"We welcome the dedicated and talented employees of Metrigraphics to the Cirtec team," said Highley. "Together we will continue to expand our innovative design and manufacturing services to help solve our customers' most complex medical device challenges."

About Cirtec Medical

For over 30 years, Cirtec has been providing design, development, manufacturing, and product transfer services to the medical device industry. With facilities in Brooklyn Park, MN; Chandler, AZ; Enfield, CT; Los Gatos, CA, and Birkenfeld, Germany, the company specializes in outsourcing solutions for active implantable devices in the areas of neuromodulation, drug delivery, cardiac rhythm management, mechanical circulatory support, and minimally invasive therapeutic devices.

 

SOURCE Cirtec Medical



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