Aspen Surgical Products in Caledonia, south of Grand Rapids, has acquired Protek Medical Products in Iowa. The deal strengthens Aspen’s portfolio of medical, patient, and staff safety products sold in hospital and surgery markets.
“Protek Medical has a long, successful history of providing effective, easy-to-use disposable products that help address cross-contamination issues in the clinical environment,” says Jason Krieser, CEO of Aspen.
“This line is clearly synergistic with our current manufacturing and commercial operations, and it supports our mission to provide high quality, single-use medical devices that improve safety and efficiency for the health care settings that we serve.”
Protek is a global manufacturer of single-use ultrasonic probe covers and needle guides used in tissue biopsies, fluid aspiration, and vascular access procedures as well as protective covers for medical instruments and equipment.
“This will not only broaden our customers’ access to consumable product offerings, but also expand our new product development opportunities,” says Rick Pruter, CEO of Protek. “Aspen’s goals align directly with our vision of optimizing patient safety in the imaging market.”
Aspen was established in 1999 and is a global manufacturer of medical disposable products with an emphasis on efficiency and safety in the hospital and surgery center market. It offers blades and scalpels, personal protective equipment, surgical marking pens, orthopedic positioners, basic wound care, and instrument care products. It also has facilities in Puerto Rico and Mexico.
The company was recently acquired by Audax Private Equity, which has invested more than $5 billion in more than 130 platforms and more than 875 add-on companies.