GALWAY, Ireland and CAMPBELL, Calif., Jan. 4 /PRNewswire/ -- Creganna, a leading supplier of technologies and services to medical device and lifesciences companies today announced that it has acquired Avalon Medical Services Pte Ltd. which trades as Tactx Medical Inc.
Commenting on today’s announcement, Helen Ryan, CEO Creganna, said: “This move represents a key step in Creganna’s vision to build a leading global medical technology company. Tactx Medical, with its strong market reputation, is a true fit for Creganna.
This move firmly positions Creganna - Tactx Medical within the top ten global providers of technologies and services to minimally invasive medical device companies.”
Combined, the two companies will offer a complete range of technologies and services for minimally invasive delivery and access devices, with a specialist competency in the design and manufacturing of high end therapeutic catheters.
Creganna - Tactx Medical’s customers provide minimally invasive medical devices for clinical applications including interventional cardiology, neurology, peripheral vascular, cardiac rhythm management and endoscopy.
Barclays Bank Ireland, HSBC Corporate Banking Ireland and Bank of Ireland advised on the deal. Terms of the transaction were not disclosed.
About Creganna
Creganna is a leading supplier of products, technologies and services to medical device and lifescience companies worldwide. Creganna specialise in the design and manufacture of minimally & less invasive delivery and access devices for a range of therapies. The company has particular expertise in the design and manufacture of components, sub-assemblies and complete catheter and specialty needle devices. Creganna’s customer portfolio includes the world’s leading medical device manufacturers.
About Tactx Medical Inc
Tactx Medical Inc is a full-service provider of technologies and services for medical device companies. The company specializes in delivery systems and high end catheters for minimally invasive therapies, with extensive capabilities in engineering and pilot manufacturing services.
Creganna
