BW-TEC offers a line of equipment for balloon production, catheter manufacturing, coating, and testing for the medical device industry.On January 8th, 2021, BW-TEC was acquired by Machine Solutions. The terms of the transaction were not disclosed.
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Latest BW-TEC News
Jan 11, 2021
Machine Solutions Acquires BW-TEC AG Partnership expands global balloon catheter manufacturing and service footprint. Machine Solutions Inc.01.11.21 Machine Solutions Inc. has acquired all of the outstanding stock of BW-TEC AG . The acquisition brings together two industry-leading providers for the medical device industry. BW-TEC, headquartered in Höri, Switzerland, designs and manufactures a range of equipment, including balloon-forming, laser-welding, necking, testing and coating machines, and related accessories. The acquisition of BW-TEC continues the expansion of technologies offered by Machine Solutions and its brands, including MSI, Steeger USA, Vante, PlasticWeld Systems, Crescent Design, Beahm Designs and SEBRA. The BW-TEC team will continue to grow and develop best-in-class equipment in Switzerland, with additional sales and service support from the Machine Solutions global team. In direct alignment with the company’s long-term strategy, this acquisition provides Machine Solutions’ customers with a single source for diverse equipment and services to meet development, production and testing validation needs. “Machine Solutions is extremely excited to welcome BW-TEC into the family,” said Machine Solutions President Brian Strini. “This is a huge win for our customers who will now have access to BW-TEC resources in the Americas and expanded capabilities for Machine Solutions products in Europe. The combination of our product catalogs, capabilities and locations offers our customers a complete line of catheter manufacturing equipment and services in their geographic locations.” “Both companies place a high value on customer service and on continuous equipment improvement,” said BW-TEC Managing Director Josia Pantli. “Through the newly formed partnership, we can extend our service throughout the world. We are now able to offer a product line from one source, which has always been requested by our customers. It is a perfect match, and we are excited for our customers.” BW-TEC is Machine Solutions’ seventh acquisition since joining the BW Forsyth Partners family of companies in 2012 and its third in 2020. Olympus Corporation 01.11.21 PRNewswire 01.11.21 PR Newswire 01.11.21 Exero Medical 01.11.21 Abbott Laboratories 01.11.21 EIN Presswire 01.11.21 U.S. Food and Drug Administration 01.11.21 MGS 01.08.21 Globe Newswire 01.08.21 Siemens Healthineers 01.08.21 Globe Newswire 01.08.21 Globe Newswire 01.08.21 Business Wire 01.08.21 Solvay 01.08.21 B3C newswire 01.08.21
BW-TEC Frequently Asked Questions (FAQ)
Where is BW-TEC's headquarters?
BW-TEC's headquarters is located at Hofstrasse 1, Hori.
What is BW-TEC's latest funding round?
BW-TEC's latest funding round is Acquired.
Who are the investors of BW-TEC?
Investors of BW-TEC include Machine Solutions.
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