US-Cretex Companies has acquired Quality Tech Services (QTS), a supplier of outsourced packaging services to the medical device industry. Cretex is a diversified group with companies serving four distinct markets: Medical, Aerospace & Defense, Infrastructure, and Industrial.
Located in Bloomington, Minnesota, QTS specialises in cleanroom assembly, packaging and labeling, sterilisation management, process development and validations, material sourcing and supply chain management.
The company serves a broad set of Original Equipment Manufacturers (OEMs) in the orthopedic, neurology, pulmonary, dental, and other medical device markets.
“We are extremely pleased to have QTS join our Cretex Medical group of companies,” said Lynn Schuler, CEO of Cretex Companies.
“Its experienced team, including packaging engineers and microbiologists, are experts in the end-of-line, critical processes that most companies don’t understand or do well. By adding QTS’s capabilities, we’ve made Cretex Medical an even better outsource partner for medical device companies.”
Doug Wilder, President of QTS, said “We’re very excited to become part of the Cretex Medical group. Medical device OEMs are increasingly looking for providers who bring end-to-end solutions. They are actively pruning their supplier base and rewarding those who can do more. Combining Cretex and QTS creates significant upside for our customers. Equally important, the combination will be great for our employees. The cultures of the two companies are very similar. Customer service, quality, and providing a positive work environment are values that we share. We’re anxious to get started.”
Terms of the acquisition were not disclosed.
