ATL Technology Acquires Gyrus Medical LTD. Manufacturing Operations

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Summation

  • ATL Technology (ATL), a fast-growing provider of outsourced design, development and manufacturing services to the medical device market, today announced it has acquired manufacturing operations of Gyrus Medical Limited (Gyrus/GML) from Olympus Winter &amp.
  • Gyrus Medical is located in Cardiff, Wales, United Kingdom, is also a device outsourcer, and will increase both ATL’s global footprint and capabilities.
  • In discussing this transaction, Joe Glover, CEO of ATL said, “This is a very strategic event for ATL.

ATL Technology (ATL), a fast-growing provider of outsourced design, development and manufacturing services to the medical device market, today announced it has acquired manufacturing operations of Gyrus Medical Limited (Gyrus/GML) from Olympus Winter & Ibe GmbH (Olympus Surgical Technologies Europe).

Gyrus Medical is located in Cardiff, Wales, United Kingdom, is also a device outsourcer, and will increase both ATL’s global footprint and capabilities. In discussing this transaction, Joe Glover, CEO of ATL said, “This is a very strategic event for ATL. We look forward to incorporating Gyrus’ capabilities into ATL’s existing offerings and to expand our global footprint deeper onto the European continent.”

“We are also enthusiastic about welcoming the Gyrus team to ATL. Their significant engineering capabilities will enhance ATL’s existing resources, allowing ATL to continue its impressive growth rates”, said Glover.
Gyrus Executive Managing Director Simon Edwards said, “Over the past 30 years, Gyrus, much like ATL, has worked with medical device original equipment manufacturer (OEM) customers to develop and manufacture innovative solutions to improve patient care. We are looking forward to this strategic combination to continue and enhance this work for our OEM customers.”