MedPlast Closes Acquisition and Rebrands as Viant
Company Unveils New Name After Acquiring Integer's Advanced Surgical and Orthopedics Business
FOXBOROUGH, Mass., July 9, 2018 /PRNewswire/ -- MedPlast, LLC announced today that the company has completed its previously announced acquisition of Integer Holdings Corporation's Advanced Surgical and Orthopedics ("AS&O") business. MedPlast also announced that it will rebrand under the name, Viant, to reflect the company's new strategic direction.
"Today marks an exciting day for our company. The addition of Integer's business expands our capabilities and offerings, and enables us to achieve our goal of being a full-service supplier to our customers," said MedPlast Chief Executive Officer Brian King. "Our new name, Viant, represents our dedication to our customers and to the patients that our customers serve; and is indicative to our commitment that 'we're in it for life.' We could not be more pleased to rebrand as Viant in conjunction with the close of this newest acquisition."
MedPlast has bolstered its portfolio of end-to-end solutions in the medical technology space with three acquisitions in the past 15 months. With the company's most recent acquisition of Integer's AS&O business, MedPlast doubles in size to nearly $1 billion in sales, expands its metals capabilities and extends its global footprint into Europe. The acquisition also strengthens MedPlast's ability to vertically integrate and simplify the supply chain for its customers.
In addition to rebranding as Viant, MedPlast announced that its corporate headquarters will move to Foxborough, Massachusetts, placing it in a major medical device hub near many of its customers. Since Water Street and JLL's investment in MedPlast in 2016, the company's employee base has doubled to nearly 6,000 associates located across the United States, Central America, Europe, and Asia.
To learn more about MedPlast and its new name, Viant, visit, www.viantmedical.com.
About Viant (formerly MedPlast)
At Viant, we focus on providing end-to-end solutions for medical device OEMs. Our deep materials expertise, including metals--combined with our experience in engineering, manufacturing, assembly, packaging, and sterilization --allows us to bring our customers' medical technology solutions to market. We have 25 worldwide locations and are well-positioned to serve our OEM partners. For more information, visit www.viantmedical.com.
SOURCE MedPlast, LLC