Ernie Green Industries buys stake in Ohio medical device company

By Rhoda Miel
News Editor

Published: March 22, 2013 4:30 pm ET
Updated: March 22, 2013 4:32 pm ET

Related to this story

Topics Mergers & Acquisitions, Medical, Injection Molding

BEAVERCREEK, OHIO — Ernie Green Industries Inc.'s subsidiary eNNOVEA Medical has signed an alliance with a maker of medical devices that will see it invest $2.5 million into the firm and taking a 26 percent ownership in PercuVision LLC.

The alliance with Columbus, Ohio-based PercuVision will help both firms create more cost-competitive products and increase the sales and marketing efforts of the PercuVision direct vision catheter, the companies announced in a March 22 news release.

The alliance also will build on production capabilities of EGI, a molder based in Beavercreek, Ohio, and help it expand in the health care industry, supporting existing products and developing new ones.

"The alliance with PercuVision supports our strategy to bring innovative technologies to the health care industry," said EGI President Larry Jutte.


Comments

Ernie Green Industries buys stake in Ohio medical device company

By Rhoda Miel
News Editor

Published: March 22, 2013 4:30 pm ET
Updated: March 22, 2013 4:32 pm ET

Post Your Comments


Back to story


More stories

Image

Visteon in talks to sell its stake in Halla Visteon Climate Control JV

November 26, 2014 9:07 am ET

Visteon Corp. confirmed this morning that it is in discussions with a private equity firm to sell its stake in South Korean joint venture Halla...    More

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost...    More

Image

Deal adds U.K. plant to DelStar

November 25, 2014 12:47 pm ET

Schweitzer-Mauduit International Inc. (SWM) is acquiring certain assets from the advanced wound management division of London-based Smith & Nephew...    More

Image

Onex buying packaging group SIG Combibloc

November 24, 2014 9:05 am ET

ex Corp. will buy SIG Combibloc Group, the Switzerland-based manufacturer of aseptic carton packaging and plastics closures from New Zealand's Rank Gr...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Shale Gas Market Trends in North America

This report highlights the impact of shale-based natural gas on the North American plastics market, including an analysis of key trends and data on resin prices, resin production, exports, PE capacity, historic natural gas production and shale reserves.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events