The acquisition adds precision micro-molding, insert molding, and advanced machining and tooling to the company’s portfolio of precision manufacturing capabilities.
NASHUA, N.H.—Medical device manufacturer Resonetics® reported that it acquired Eden Holdings, a precision manufacturer specializing in injection molding and micro machining solutions for critical medical devices. Eden Holdings comprises both Eden Manufacturing and Eden Tool, Resonetics said in a release.
The acquisition adds micro-molding, insert-molding, and advanced machining and tooling, complementing Resonetics’s established metal processing capabilities, while also expanding the Swiss machining and EDM machining offerings.
“These additions enhance Resonetics’ portfolio of specialized MedTech capabilities to serve high-growth markets including, among others, robotic surgery, minimally invasive surgery, electrophysiology, and rapid diagnostics,” the release stated.
Eden, founded in 2000, is said to have built a strong reputation for its expertise in precision tooling and machining, which evolved into high precision micro and insert molding for critical medical devices. The company also specializes in Class 101 production tooling for the MedTech industry, delivering “molds and components that demand uncompromising precision, complex geometries, and exceptional quality,” the release said. Eden’s engineering-driven approach to mold design and manufacturing is said to ensure consistent, reliable solutions that meet the rigorous standards of leading MedTech OEMs.
The acquisition of Eden expands Resonetics’ polymer capabilities and adds another key area of expertise, reinforcing its position as a differentiated partner delivering micro manufacturing solutions for complex medical devices, Resonetics stated in the release.
“With the addition of Eden, we are enhancing our ability to deliver integrated solutions across materials and technologies,” said Kevin Kelly, CEO of Resonetics, in a statement. “Eden’s strength in injection molding and precision tooling is a critical addition, bringing valuable new capabilities that complement our metal processing expertise across our entire portfolio and enable us to deliver a more integrated offering to our customers.”
“Joining Resonetics gives Eden access to greater resources and a global platform to better serve our customers. We’re excited to combine our precision tooling, insert molding, and micro-molding expertise with Resonetics’ advanced technologies to provide even more value to the medical device industry,” said David Tomic, President of Eden.
Resonetics, founded in 1987, provides advanced engineering and manufacturing solutions for the medical device industry. The company described itself as a “leader in laser processing, nitinol manufacturing, thin-wall stainless steel, nitinol and precious metal tubing, and photochemical machining.”
Backed by private equity firms Carlyle and GTCR, Resonetics is ISO 13485:2016 certified with 17 facilities and more than 3,000 associates in the United States, Canada, Costa Rica, Israel, and Switzerland.