Davis-Standard acquires medical tubing equipment supplier Harrel
Canadian Plastics
Plastics Processes Extrusion: Machinery & EquipmentDavis-Standard LLC has entered into a binding purchase agreement with medical tubing extruder supplier Harrel Inc.
Davis-Standard LLC has entered into a binding purchase agreement with medical tubing extruder supplier Harrel Inc.
The announcement was made at the K 2010 trade show in Dusseldorf, Germay.
Harrel manufactures small extruders for medical tubing and other markets.
The deal is expected to be finalized by the end of November. Davis-Standard will move Harrel’s operations from East Norwalk, Conn., to Davis-Standard headquarters in Pawcatuck, Conn.
Davis-Standard will maintain the existing Harrel line, and several key Harrel employees will remain with the company, including David Madar, Harrel’s president.
As part of the purchase agreement, Davis-Standard will also acquire key Harrel intellectual property, including its alternate polymer technology, which allows an extruder to shift from one material to another within a pipe while continuously running. The technology is usually applied in catheters within medical tubing lines, and allows materials of different durometers to be used to create rigid and flexible sections with very small transition areas.
