FREEPORT, PA – Oberg Medical, a full-service medical device contract manufacturer, is pleased to announce today that it has completed an acquisition of Broad Peak Manufacturing, LLC. A privately-owned manufacturer located in Wallingford, Connecticut, Broad Peak specializes in innovative, high-precision surface preparation and finishing solutions for implants used in joint replacement procedures. Terms and details of the transaction are not being publicly disclosed.
“The addition of Broad Peak’s unique surface enhancement capabilities will expand Oberg’s comprehensive manufacturing and secondary services currently available to our medical OEM customers,” said Cliff Forrest, owner of Oberg Industries, parent company of Oberg Medical. “As we continue to grow, our investments in new and unique technologies are critical for delivering better efficiency, quality and additional value to our customers,” Forrest added.
Oberg Medical, with facilities in Sarver, Pa., Chicago, Ill., and San Jose, Costa Rica, manufactures metal and plastic implants, instruments and assemblies, and automation solutions with a focus on the Orthopedic, Spine, Extremity, Endoscopic/ Laparoscopic, and Cardiac Rhythm Management markets.
Oberg plans to continue operations as usual at the Wallingford facility during its transition to an Oberg Medical division and will retain Philip Milidantri, Vice President, as active manager.
In 2018, Oberg Medical acquired Illinois-based X-L Engineering to add more specialized manufacturing capacity for its customers, recently expanding into a new 70,000 sq. ft. location near Chicago’s O’Hare Airport.
For a printable version of this release in PDF format, click Oberg Acquisition.
About Oberg Industries
Headquartered just northeast of Pittsburgh, Pennsylvania, Oberg Industries is a diversified US-based manufacturer with over 700 employees specializing in the production of advanced, precision machined or stamped metal components and precision tooling. Oberg’s manufacturing footprint includes five facilities, totaling nearly 450,000 sq. ft., in Pennsylvania, Chicago, and Connecticut and is a strategic contract manufacturing partner for leading companies in the Aerospace, Automotive, Consumer/Industrial Products, Defense, Energy, Construction and Housing, Medical Device, Metal Packaging and Munitions markets.
About Broad Peak Manufacturing
Broad Peak is a high-precision femoral finishing facility centrally located less than 100 miles between New York City and Boston. Broad Peak is an ISO 9001 and ISO 13485 accredited facility, providing surface enhancement solutions to a variety of femoral components and a history with femoral manufacturing since 1998. The company’s website is www.BroadPeakManufacturing.com