ITW Medical Products has purchased a provider of disposable medical products used in diagnostic imaging and other medical procedures, Coeur Holding.
ITW Medical’s product portfolio includes Filtertek line which is comprised of custom plastic insert molded filtration and flow control components, designed for global OEM medical device customers.
Coeur Holding CEO Jay Cude said the company is committed to the medical products market and is planning on investing in its growth.
"Our customers will also have access to the ITW Medical Products Filtertek line of products," Cude added.
The financial details of the deal have not been disclosed.
Under the acquisition, ITW Medical will now be selling both Coeur products and the Filtertek line under their respective brands.
ITW Medical Products VP and general manager Law Burks said both Coeur and Filtertek have strong brand equity and a history of providing medical products to OEM medical device customers who demand excellence.
"ITW Medical Product customers will now have access to a broader range of fluid management, filtration, flow control and tubing products," Burks added.