Arterex Completes Acquisition of Phoenix S.r.l. to Expand Medical Device Manufacturing Capabilities

  • Arterex has completed the acquisition of Phoenix S.r.l., a European developer and manufacturer of medical devices.
  • The acquisition enhances Arterex’s manufacturing capabilities, including design, development, assembly, and packaging of medical devices in Europe.

Arterex, a global leader in medical device development and contract manufacturing, has completed its acquisition of Phoenix S.r.l., a well-established European developer and manufacturer of medical devices. The financial terms of the transaction were not disclosed.

Based in Modena, Italy, Phoenix operates from over 37,000 square feet of manufacturing space, including four ISO 8 clean rooms. The company is ISO 13485:2016 certified and adheres to the European Union’s Medical Device Regulation (MDR), making it an ideal fit for Arterex’s expansion into Europe. This acquisition strengthens Arterex’s ability to provide comprehensive solutions in medical device design, development, engineering, and advanced assembly and packaging services across North America and Europe.

Jeffery Goble, CEO of Arterex, remarked, “The acquisition of Phoenix is a strategic step for Arterex, allowing us to expand our medical device development and finished device assembly and packaging capabilities to Europe.”

Through this acquisition, Arterex now operates nine manufacturing facilities across three continents, offering diverse manufacturing solutions to the medical device and life sciences industries. With over 1,250 employees, Arterex continues to position itself as a global leader in specialised medical device manufacturing.

In his statement, Marco Bulgarelli, co-CEO of Phoenix, expressed excitement about the partnership, saying, “Arterex is a trusted leader in the medical device manufacturing sector and together we will be well-positioned to find creative and effective solutions for our clients’ needs.”

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