The Lubrizol Corporation announced that it has acquired Vesta, a contract manufacturer for the medical device industry. Vesta has three manufacturing locations in the U.S. and offers disposable silicone medical components, providing silicone molding, extrusion, sheeting, dip-casting and assembly services. As a full service provider to medical device original equipment manufacturers, Vesta also supplies precision thermoplastic extruded tubing, assemblies and secondary operations.
Previously owned by RoundTable Healthcare Partners, an operating-oriented private equity firm focused exclusively on the healthcare industry, Vesta will now be part of Lubrizol Advanced Materials. Financial terms of the transaction were not disclosed.