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Hitachi Metals Ltd. completes acquisition of three entities
- February 22, 2016
- News Release
- Metals/Materials
Hitachi Metals Ltd., Manchester, N.H., through its wholly owned subsidiary Hitachi Metals America LLC, has acquired HTP-Meds LLC and Hi-Tech Machine & Fabrication LLC (HTMF).
HTP-Meds is a supplier of custom extrusions and braided tubing for the medical device industry. HTMF is a supplier of precision-machined components for the HTP-Meds operation and also independently serves the medical device industry.
As part of the transaction, Hitachi Metals also acquired HTP-Biomerics Medical LLC, which will be merged into HTP-Meds, with HTP-Meds as the surviving company.
The acquired companies will be led by CEO Lynne Humenik and President/COO Raymond Lareau. The business offices and production facilities of the acquired companies will remain in the Ashaway, R.I., facility.
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