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Contact: Trent Ingle
Director of Marketing and Communications
(+1) 336.799.3931
[email protected]
For Immediate Release
TECHNIMARK ACQUIRES CI MEDICAL TECHNOLOGIES,
A TOP MEDICAL INJECTION MOLDING SOLUTIONS MANUFACTURER
ASHEBORO, N.C., December 8th 2015 — Technimark, a leading global manufacturer of
custom rigid packaging, consumer healthcare and medical solutions, announced today that it
has acquired Ci Medical Technologies from Altaris Capital Partners. Purchase price was not
disclosed.
Ci Medical is a top manufacturer of injection-molded components, assemblies and devices
used in the medical, pharmaceutical and consumer healthcare markets. As part of the
acquisition, Technimark will establish a new commercial division, Technimark Healthcare,
focused on servicing Healthcare and Medical customers.
Technimark’s acquisition of Ci Medical will expand the manufacturing capabilities and global
footprint for customers of both companies. The combined company will leverage Technimark’s
culture of product innovation and technical excellence with Ci Medical’s scientific and healthcare
manufacturing expertise. The combined company will have 11 sites throughout the world
including the United States, Germany, Mexico, China, Puerto Rico and the United Kingdom.
Ci Medical specializes in product development, scientific molding, contract manufacturing,
assembly, packaging and logistics, with a focus on cost effectiveness and quality for the medical
industry. Operations at Ci Medical meet applicable ANSI and ISO standards and FDA
regulations for the manufacture of its medical products, including insulin pumps, surgical tools
and other specialized devices. These proficiencies complement Technimark’s parallel
development of a robust healthcare manufacturing infrastructure, including class 8 clean
rooms and ISO 13485 certifications.
“The acquisition of Ci Medical accelerates Technimark’s growth in the healthcare and
medical markets,” said Brad Wellington, CEO of Technimark. Kris Peavy, SVP of Sales for
Technimark, added, “By combining Technimark’s innovative technology-based offering, strong
balance sheet and global scale with Ci’s medical market experience, infrastructure and
operational capabilities across a wide range of pharmaceutical and medical products, we are
uniquely positioned to offer our customers more value than ever before.”
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Corporate office: 180 Commerce Place Asheboro, NC 27203 | +1 336.498.4171 | www.technimark.com
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About Technimark
Technimark, a Pritzker Group Private Capital company, is a leading global provider of custom
rigid plastic packaging and components. For over 30 years, from its headquarters in Asheboro,
NC, and from facilities on three continents, Technimark has provided customers with
customized, end-to-end solutions based on technology and innovation. Technimark delivers
high-quality products on a global basis for consumer packaged goods, healthcare and specialty
industrial customers.
Corporate office: 180 Commerce Place Asheboro, NC 27203 | +1 336.498.4171 | www.technimark.com