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Marle Group acquired a majority stake in Ohio-based Tangible Solutions. Marle now has eight production facilities globally that are exclusively focused on orthopedic and spine implant manufacturing.
Adam Clark, CEO and Chris Collins, COO and Founder, will remain with the company.
Tangible Solutions specializes in engineering, design & development and production of 3D-printed titanium implants for the orthopedic, spine and trauma markets. Its Ohio facility serves several dozen customers and produces more than 40 FDA-cleared medical devices, with another 20+in the works.
Marle offers capabilities from forging and casting through machining, polishing, coating and packaging services for orthopedic, spine and trauma applications.
The acquisition expands Marle’s contract manufacturing offering with the addition of an additive manufacturing facility in the U.S. This transaction strengthens Marle’s 3D additive manufacturing expertise in research and innovation in combination with Marle 3D MedLab, as well as product development and prototyping specifically for spine and extremities.
Frank D. Noone, Vice President, Marle America said, “Having Tangible Solutions onboard represents an exciting opportunity for Marle given the clear alignment of mission, goals and culture between our two innovative organizations. This deal also enhances our ability to drive even greater strategic value to our customers and their patients.”
Adam Clark and Chris Collins added, “This phenomenal partnership will bring a significant amount of value to our customers, team members, their families and the community in which we work and live. Our mission is to be the Premier International Contract Manufacturer of 3D Printed Titanium Orthopedic Implants. As Marle Tangible, we are extremely excited to be a part of the Marle Group because our vision aligns so perfectly. We are excited about what the future holds.”
Source: Marle Group
