WISCASSET, MAINE (Aug. 15, 3:30 p.m. ET) — M"lnlycke Health Care has bought Rynel Inc., a U.S. manufacturer of specialty absorbent polyurethane foam products for medical and other uses.
Rynel was founded in 1973 as Twin Rivers Engineering in East Boothbay, Maine, expanding to what it says is “a custom built, state-of-the-art manufacturing facility,” in Wiscasset in 2005. The company currently employs more than 70.
Rynel supplies companies in North America, Europe, Africa and the Far East with products for a wide range of foam applications.
Rynel has supplied foam for Gothenburg, Sweden-based M"lnlycke's advanced woundcare line, which has helped patients around the world heal with less pain and trauma.
M"lnlycke has said it is committed to keeping the company in Maine and continuing to grow Rynel's capabilities and profitability.
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