Galt Medical (Garland, TX), a subsidiary of Theragenics Corp. and global supplier of products for interventional and endovascular procedures, today announced it has acquired Arrotek Medical Ltd (Sligo, Ireland). Arrotek develops and designs minimally invasive medical devices supporting a range of catheter-based, interventional applications. The capabilities of the two companies are described as “highly complementary” by Galt Medical President Frank Attardo.
Galt Medical has more than 27 years of experience designing, developing, manufacturing and marketing disposable medical devices both under its own name and for medical device OEMs. It offers private label packaging; bulk, non-sterile components; sterile products; and custom development. Products include micro-introducers, tear-away introducer kits, hemostasis valve introducers, speciality guidewires and accessories. The company operates facilities in Texas, Massachusetts, Costa Rica and, now, Ireland.
Arrotek offers medical device OEMs a full array of services from initial concept to finished product. Production is conducted in an ISO Class 7 cleanroom and capabilities include catheter balloon fabrication, tipping, laser welding, injection and insert molding, bonding, printing, film welding and finished product assembly. The company works with local toolmakers to accelerate turn-around times.
“Arrotek’s product development capabilities, combined with Galt’s manufacturing and processing capabilities, will allow the combined company to better serve existing customers and address a wider segment of the interventional market,” said Attardo.
“Galt provides Arrotek with access to markets, capabilities and expertise previously unavailable to us,” said Arrotek co-founders Mark Pugh and Ger O’Carroll. “The combination with Galt will benefit existing customers of both companies, as well as provide Arrotek with opportunities to serve new segments of the market in Europe, North America and other global markets. Becoming part of the larger Theragenics organization also provides the resources to accelerate our growth and continue to expand,” said Pugh and O’Carroll.
Pugh and O’Carroll will remain with Arrotek in Sligo as co-managing directors.