FDA-registered medical plastics machining company Eptam (Northfield, NH) announced that it has acquired substantially all assets of Relius Medical, a supplier of precision components to medical device OEMs. The combined company is being rebranded as Eptam Precision, “a one-stop solution for precision components.”
Eptam is a portfolio company of private equity firm New Heritage Capital (Boston).
Relius has deep expertise in medical implants and external fixation clamps, and its reputation for quality and delivery has earned the company multi-decade relationships with some of the world’s leading medical device companies, said the press release from New Heritage Capital.
Eptam’s medical manufacturing center includes five- and seven-axis CNC machining for processing medical-grade plastics such as PEEK, polysulfone and ultra-high-molecular-weight polyethylene. The company also serves the aerospace and semiconductor markets, offering a full range of high-precision CNC plastic machining, turning, plastic milling, plastic routing, sawing, laser marking, drilling and custom machining services.
“Introduced to us by a common customer, Relius is the perfect strategic addition to the Eptam family, allowing Eptam to offer customers a one-stop-shop for precision manufacturing solutions in both plastics and metals,” said Eptam CEO Dana Waterman.
Jud Samuels, Partner at Heritage, added, “The acquisition of Relius continues Eptam’s strategy of playing an ever-increasing role in its customer’s supply chain by providing a wider range of precision component manufacturing strategies with a high level of quality and delivery.”
Image courtesy Eptam Precision.