Acquisition adds market leading braided catheter capabilities
South Plainfield, NJ—October 29, 2013—Vention Medical announced today its acquisition of Fast Forward Medical, a market leading supplier of complex braided catheter shafts and catheter technologies for minimally invasive medical devices.
With the acquisition of Fast Forward, Vention continues to expand its expertise and extensive portfolio of advanced component technologies for the development and manufacture of catheter-based devices. Fast Forward’s breadth of experience in catheter technologies and strategic location in the Minneapolis, Minn. area will further enhance Vention’s current offerings, which include medical balloons, catheters, multi-layer extrusions, heat shrink tubing, polyimide and micro-tubing for a variety of catheter assemblies and minimally invasive medical devices.
Dan Croteau, CEO of Vention Medical said, "The addition of Fast Forward Medical further strengthens Vention’s ability to deliver complex, industry-leading component and catheter technologies to our customers. The Minneapolis area is a strategic region for us, allowing us to further align with our customers and continue to provide the best solutions available in this market. We are excited to partner with this talented team of experienced industry experts as they continue to lead the Fast Forward business and enhance our Advanced Components offering.
Brady Hatcher, Co-Founder and Principal of Fast Forward Medical added, “In joining Vention, our combined experience and expertise allows us to elevate the level of innovation and service we provide to our customers. Vention’s renowned Advanced Polymer balloon technologies, together with its global footprint, fits perfectly with our strategic vision of providing the most innovative and complex catheter solutions to our customers every step of the way—from design to manufacture. This is the vision we have built our business on, and Vention’s strategic customer focus in these areas aligns perfectly with our expertise in braided catheter shafts and catheter technologies.”
About Vention Medical
Vention Medical is an innovative, global medical device solutions partner offering clients more than 30 years of experience in all phases of design, engineering, component manufacturing, and finished device assembly. Vention Medical specializes in components and devices used in interventional and minimally invasive surgical products, including medical balloons, component and catheter technologies, heat-shrink tubing, polyimide and micro-tubing, clean room injection molding, finished device assembly and packaging services. Visit Vention at www.ventionmedical.com.
Media Contact: Julie Schulte
Marketing Director, Vention Medical