Plastiflex acquires tubing manufacturers in Slovenia and USA
 |
| Photo: Plastiflex Group |
On March the 12, Plastiflex Group has signed an agreement to acquire TIK d.o.o. from Batagel&co. Plastiflex is a leader in the development and production of tubing systems and components for medical and industrial applications. TIK is a manufacturer of disposable medical devices, based in Kobarid, Slovenia. The company is specialised in the production of coated urethral catheters but also produces a range of tubing systems for other applications in the field of respiratory care, gynaecology and gastroenterology.
The TIK production facility will continue their production at the current production site in Kobarid and the Kobarid site will be the centre of excellence for the development of urethral catheters within the Plastiflex Group.
As a result of the partnership with TIK, the combined entity will further extend their product portfolio in the fluid management market space and will be able to offer additional clean room production capacity in Europe, in line with the group’s operational strategy of regional self-sufficiency. The existing TIK leadership team, guided by Mrs Petra Borovinšek, Managing Director of TIK, remains in place.
A week earlier, Plastiflex Group announced the acquisition of Smooth-Bor Plastics. Smooth-Bor Plastics is a manufacturer of tubes and tubing systems with factories in Laguna Hills, California and Johor Bahru, Malaysia. The company specialises in the production of heated tubes for continuous positive airway pressure (“CPAP”) devices, as well as other tubing systems and masks for the respiratory care market.
Smooth-Bor will continue to be headquartered in Laguna Hills, CA, which will be a hub for the development of tubing systems and extrusion lines for the combined entity. Smooth-Bor’s manufacturing facilities in Laguna Hills and in Malaysia will both continue their production. The existing Smooth-Bor leadership team, which has been guided since 2016 by Eric Carlson, CEO, Steve Caiozzo, President and CFO, and Jennifer Carlson, EVP will remain in place.
The Plastiflex Group will now have 12 manufacturing facilities across the world with 7 dedicated health care operations in North America (USA and Mexico), EMEA (Germany, Slovenia and Turkey) and Asia (China and Malaysia).
