Integer Holdings acquires Israeli medical devices manufacturer Inomec

Integer Holdings, a medical device outsourcing (MDO) manufacturer, has acquired Israeli medical device development and manufacturing company Inomec, for an undisclosed price.

Established in 2008, Inomec is engaged in research, development, and manufacturing of medical devices. Its products include minimally invasive tools, metal implants, delivery systems, and drug-device combination devices.

Inomec also offers laser processing services.

With the acquisition of Inomec, the Texas-based Integer Holdings will be able to set up research and development and sales center in Israel. The US MDO manufacturer will also be adding catheter design, clinical, and pilot manufacturing capabilities to its portfolio.

Sefi Shachrur – Inomec founder and CEO said: “Integer’s leadership as a medical device outsource manufacturer is unmatched and we look forward to providing our customers increased opportunities with our combined capabilities.”

Integer Holdings has facilities in Plymouth and Chaska in Minnesota, Clarence in New York, Beaverton in Oregon, Raynham in Massachusetts, Montevideo in Uruguay, and Galway in Ireland. The addition of Inomec’s center in Israel will help Integer Holdings to work with early and late-stage startups, and also multinational medtech companies in the country.

Joe Dziedzic – Integer Holdings president and CEO said: “Acquiring Inomec strengthens our research and development pipeline by adding differentiated capabilities and expanding our global footprint in a key market with an extensive innovation ecosystem that is widely recognized as a leader in MedTech innovation.”