Vesta Expands Silicone Manufacturing Services Through Acquisition of Victor, Montana Based SiMatrix

Vesta, a global leader in silicone and thermoplastic contract manufacturing services for medical device manufacturers, has acquired SiMatrix http://www.simatrix.com/ , a Victor, Mont. -based contract manufacturer specializing in tight-tolerance medical-grade silicone sheeting and dip molding services.

The acquisition expands Vesta’s existing breadth of silicone manufacturing services, which include medical molding, extrusion and assembly, and complements the company’s expertise in high-quality manufacturing and engineering support for medical device product development. The terms of the agreement were undisclosed.

"We are extremely excited to add the SiMatrix team to the Vesta family. Their commitment to quality and innovation are in close alignment with ours, and our customers will benefit from the added services," said Phil Estes, CEO of Vesta.

Jan Varner, CEO of SiMatrix, confirmed that "this partnership is the best fit we could imagine for our company. Vesta’s leadership position in silicone contract manufacturing and its culture of taking care of its customers and employees are a perfect combination for SiMatrix. We are excited about this move, and view it as a great benefit for all parties."

Full Story: http://www.vestainc.com/News/Press-release/new-acquisition.aspx

In a subsequent discussion, Jan Varner stated that Specialty Surgical Products http://ssp-inc.com will remain an independent company also located in Victor, Montana.