Molded Devices (MDI) Acquires GlobalMed's Medical Tubing Operations from Schauenburg
November 9, 2022
Molded Devices, Inc. (MDI), majority‑owned by TruArc Partners, acquired GlobalMed Inc. (Canada) and Schauenburg‑Truplast (China) from Schauenburg Hose Technology. The deal expands MDI’s extrusion and tubing capabilities for medical device OEMs, adding GlobalMed’s Canadian and Chinese production footprint and management team to MDI’s global manufacturing platform. Financial terms were not disclosed.
- Buyers
- Molded Devices, Inc. (MDI), TruArc Partners
- Targets
- GlobalMed Inc., Schauenburg‑Truplast Hose Technology Ltd.
- Sellers
- Schauenburg Hose Technology Group, Schauenburg Technology SE
- Platforms
- Molded Devices, Inc. (MDI)
- Industry
- Medical Devices
- Location
- Ontario, Canada
- Transaction Type
- Addon
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