Quasar Medical Strengthens Global CDMO Platform with Acquisition of Nordson Medical's Galway and Tecate Facilities
Rhea-AI Summary
Quasar Medical has completed the acquisition of Nordson Corporation's (NASDAQ: NDSN) design & development contract manufacturing facilities in Galway, Ireland, and Tecate, Mexico. This strategic move transforms Quasar into a fully integrated Contract Development and Manufacturing Organization (CDMO), expanding its workforce by nearly 200 employees.
The acquisition adds two FDA-registered, ISO 13485-certified facilities in key MedTech regions. The Galway facility will serve as an innovation hub for design & development of medical devices, while the Tecate location will provide cost-effective, high-volume manufacturing capabilities. The expansion strengthens Quasar's ability to offer end-to-end solutions for complex interventional devices, from concept to commercialization.
Positive
- Expansion of global presence with two FDA-registered, ISO 13485-certified facilities in strategic MedTech regions
- Addition of 200 skilled employees including expert development engineers and technicians
- Enhanced end-to-end capabilities from product development to high-volume manufacturing
- Increased cleanroom footprint and technical expertise in medical device manufacturing
- Strategic positioning in both European and North American markets improving customer proximity
Negative
- Integration challenges with merging operations and workforce from two different facilities
- Potential transition risks for existing customers and suppliers
- Increased operational complexity managing facilities across multiple regions
News Market Reaction 1 Alert
On the day this news was published, NDSN declined 1.06%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
This milestone enhances Quasar's global CDMO platform, broadening end-to-end capabilities and providing increased value for medical device OEMs and innovators.
GALWAY,
Quasar's evolution into a fully integrated Contract Development and Manufacturing Organization (CDMO) marks a transformative step, offering customers concept-to-commercialization solutions worldwide. The company is expanding its workforce by nearly 200 employees, including expert development engineers and technicians, creating new opportunities for advancement.
"This strategic acquisition marks an exciting new chapter for Quasar and the customers we serve," said Alex Wallstein, CEO of Quasar Medical. "By combining our manufacturing excellence with the world-class design, development, and assembly expertise of the Galway and
With this acquisition, Quasar strengthens its global presence with two FDA-registered, ISO 13485-certified facilities situated in key MedTech regions—Europe and North America—improving customer proximity and access. Galway,
"This is a pivotal milestone that positions Quasar as a strategic partner to our customers — not just a manufacturer," said Aviel Bohnik, COO of Quasar Medical. "With the addition of Galway and
A Stronger Future for Customers
By expanding its regional reach and integrating Nordson Medical's design, development, and contract manufacturing capabilities into its global platform, Quasar can now provide a seamless, end-to-end solution for complex interventional devices, including:
- Advanced product development and rapid prototyping in Galway
- Design-for-manufacturing expertise, balloon catheter and shaft development, and comprehensive testing capabilities
- Scalable manufacturing and assembly in Tecate, including molding, coating, packaging, and automated processes
The acquisition also greatly expands Quasar's cleanroom footprint, enhances deep technical expertise in extrusions, balloons, balloon catheters, braided shafts, and delivery systems, and creates more room for growth at both sites. Customers will benefit from regional access in
Quasar will collaborate closely with Nordson to ensure a seamless transition for employees, customers, and suppliers.
About
Quasar Medical is a global Contract Development and Manufacturing Organization (CDMO) delivering end-to-end solutions for interventional and minimally invasive medical devices. With 11 global facilities and over 4,300 employees across
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SOURCE Quasar Medical