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Marle Group acquired Tennessee-based Elite Medical. The transaction brings to 11 the number of of global production facilities owned by Marle that are exclusively focused on orthopedic, trauma and spine implant and instrument manufacturing for OEMs worldwide.
Elite Medical, now known as Marle Elite, is a vertically integrated contract manufacturer with three ISO 13485 facilities: two in the Memphis, Tennessee area and one in Florence, Alabama. Established in 2009, Marle Elite focuses on orthopedic implants, surgical instrument assembly, coatings and a silicone handle cell for instruments.
Marle now has four U.S. facilities and 200 American employees to support its U.S. customers. This acquisition supports Marle’s research and innovation, product development, prototyping, various manufacturing platforms (additive, forging, casting and subtractive machining), inspection and quality, and packaging and delivery of finished product.
Marle intends to continue its strategic acquisitions and partnerships to expand its portfolio.
Frank D. Noone, Vice President of Marle America, said, “This acquisition underlines Marle Group’s commitment and focus on its customers and their patients who need high quality end-to-end solutions offerings.”
Tim Hanson, CEO and Bryan Dowdy, President and Founder of Marle Elite, said, “Teaming with the Marle Group is a great opportunity to help Elite further undertake our goal of scaling our unique vertical manufacturing capabilities with a strong international presence. We are excited to partner our knowledge and skill set with the Marle Group’s resources and manufacturing expertise to further add value to our clients.”
Source: Marle Group
