Arterex, a leading global medical device developer and contract manufacturer, has acquired Adroit USA Inc., a vertically integrated contract manufacturer that specializes in complete medical device manufacturing.
Adroit USA Inc., established in 2003 in Pleasanton, California, operates two ISO 13485-certified manufacturing facilities in Bangalore, India, along with an an engineering applications development lab in Milpitas, California.
The company has over 650 employees and specializes in high-precision injection-molded plastic components, precision stainless steel and nitinol components, and fully assembled and packaged medical devices. Adroit USA Inc.’s “all under one roof” business model enables the company to deliver tailored solutions to operations of all sizes, from startups to Fortune 500 companies.
“Through this integration, we are able to provide a breadth of new manufacturing, metal fabrication, and machining capabilities, as well as leverage best-in-class technologies to expand our solution offerings,” said Jeffery Goble, Arterex CEO. “These enhanced manufacturing capabilities position us to serve customers in every corner of the globe, from the US to Europe and now Asia.”
The acquisition of Adroit USA Inc. positions Arterex to provide its customers the benefits of a cost-effective, high-tech alternative production source to China, while leveraging Adroit USA Inc.’s existing capabilities and workforce to quickly and fully scale production.
“We are excited to join Arterex in pursuit of our unified mission to offer best in class solutions for our customers through agile partnerships,” said Ratan Bajaj, CEO of Adroit USA Inc. “Our cutting-edge capabilities complement Arterex’s already impressive portfolio, providing added-value to customers around the globe.”