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HomeACQUISITIONS and MERGERSProtek Medical Products Is Acquired by Aspen Surgical Products - Strenthens Aspen's...

Protek Medical Products Is Acquired by Aspen Surgical Products – Strenthens Aspen’s Broad Portfolio

November 24, 2020

Protek Medical, based in California, is a leading global manufacturer of single-use ultrasonic probe covers and needle guides used in tissue biopsies, fluid aspiration, and vascular access procedures as well as protective covers for medical instruments and equipment.

Protek Medical has demonstrated a consistent track record of driving recurring revenue growth and innovation, fueled by best-in-class R&D capabilities. Protek has become a supplier of choice for leading OEMs in the ultrasound equipment space.

The acquisition of Protek strengthens Aspen’s broad portfolio of medical and patient & staff safety products sold into hospital and surgery center markets. This includes Protek’s patented Pull-Up™ probe cover technology, which helps support efficiency in the clinical environment.

“Protek Medical has a long, successful history of providing effective, easy-to-use disposable products that help address cross-contamination issues in the clinical environment,” said Jason Krieser, CEO of Aspen Surgical. “This line is clearly synergistic with our current manufacturing and commercial operations and it supports our mission to provide high quality single-use medical devices that improve safety and efficiency for the healthcare settings that we serve.”

“Protek is very excited to team up with Aspen Surgical,” said Protek CEO Rick Pruter. “This will not only broaden our customers’ access to consumable product offerings, but also expand our new product development opportunities. Aspen’s goals align directly with our vision of optimizing patient safety in the imaging market.”

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Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

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