Providien acquires Dynaroll Corporation.
"We are pleased to be part of the Providien team," said Simon Harrison, Dynaroll founder. "Through Providien's experience and financial resources Dynaroll will be able to expand our capabilities and meet our customers' growing demands."
"Dynaroll has technology strengths in high precision motion control and mechanical components and assemblies," said Providien President and CEO Jeff Goble."The company is a high quality, sole source supply partner to the world's leading medical device companies. We believe that in combination with our existing Providien companies of Specialty Manufacturing Inc. (SMI), Integra Biotechnical LLC and Plastics Engineering & Development (PEDI), we are better positioning ourselves to continue to bring value to our customers through our contract manufacturing services."
Providien's SMI provides plastic thermoformed component manufacturing, engineering and design services to the medical equipment marketplace; Integra Biotechnical offers finished, sterile goods to medical device and pharmaceutical OEMs; and PEDI provides outsourced assembly services, plastic injection molding, and engineering to the medical device and life sciences markets. Dynaroli fits into the company portfolio by offering miniature and instrument bearings to medical device manufacturers and other high-precision industries.