Italian contract manufacturer Lincotek has wrapped up the acquisition of a majority interest in US-based Danco Medical from Danco Anodizing for an undisclosed sum.
The acquisition comprised of Danco Medical’s service activities related to metal surface finishing for the medical market and an ISO-13485 certified facility in Warsaw, Indiana.
Based in Warsaw, Indiana, Danco Medical provides surface preparation and finishing solutions, as well as various product identification methods to medical orthopaedic device companies.
Danco Medical CEO Ross Tiamson said: “With Danco Medical joining the Lincotek Group, it will strengthen our growth strategies by creating a fully integrated portfolio that will support our customer needs and expectations.
“Our company values are aligned, and are well established – Danco Medical looks forward to this next chapter.”
Danco Medical offers aluminium and titanium anodising for machined parts, implants, instruments and devices. It also delivers services such as chemfilm, electropolishing, passivation processes and low friction chrome coating.
The company’s latest developments consist of deep image graphics for cases and trays and HAnano surface treatments.
The acquisition of Danco Medical will allow Lincotek to further extend its capabilities in the medical field and increase the company’s presence in the US.
Lincotek Group CEO Winfried Schaller Winfried Schaller said: “We believe that this will generate a unique platform for the industry, which is addressing major needs around supply chain simplification and lead-time reductions. Effectively offering all supply chain steps from one source.”
Based in Rubbiano, Parma, Lincotek Medical offers fully integrated supply chain solutions to orthopaedic device companies.
The company provides device engineering, casting, forging, additive manufacturing, precision machining plasma spray, calcium phosphate and physical vapour deposition coatings, in addition to electrochemical treatments and final packaging.
