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Formerra Acquires Total Polymer Solutions to Expand Its Healthcare Materials Portfolio

Published on 2023-04-10. Edited By : SpecialChem

TAGS:  Medical   

Formerra Acquires Total Polymer SolutionsFormerra, a preeminent distributor of engineered materials, announced it has acquired Total Polymer Solutions (“TPS”), a polymer distributor based in Dublin and serving Ireland, the United Kingdom, and broader Europe.

Entrusted by Medical OEMs

Formerra has worked with TPS for over a decade serving Ireland and U.K.-based manufacturing operations of multinational healthcare customers. In this growing regional hub for medical device and equipment production, TPS has an expansive product portfolio, exceptional customer service, and in-depth healthcare technical and regulatory expertise. Ronan Kennedy and Eamonn Keane, TPS’ co-founders and owners, will join the Formerra team and remain invested in the business going forward.

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Total Polymer Solutions will enable Formerra to strengthen its global healthcare distribution platform while building on both companies’ shared capabilities around rapid product development, innovation, and regulatory support,” commented Cathy Dodd, chief executive officer of Formerra. “This acquisition enables us to better serve our global healthcare customers in Europe with streamlined supply chain management and faster go-to-market support, driving significant value for all stakeholders.

Ronan Kennedy and Eamonn Keane added: “We are excited to join forces with Formerra, and together, we can create greater benefits for our customers by leveraging our combined strengths. Formerra’s leading product design and manufacturing support services, in combination with our strong in-region market presence, positions us to be nimble and meet customers’ unique requirements.”

For over 20 years, Formerra has been entrusted by medical OEMs with application development, technical and regulatory-compliant material support, and global supply chain optimization. With unparalleled industry expertise and dedicated technical resources, Formerra helps customers achieve accelerated product commercialization while also reducing risk in the dynamic healthcare and medical markets. Formerra provides high-performance materials for the most critical healthcare applications, such as surgical instruments, drug delivery devices, medical equipment, wearables devices, and remote patient monitoring.

Source: Formerra

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