Biomerics Announces Merger with Precision Concepts Medical

May 18, 2023

Biomerics (“Biomerics” or the “Company”), the leading vertically integrated contract manufacturer for the interventional medical device market, announced today that it has entered into definitive agreements to merge with Precision Concepts’ Medical business (“Precision Concepts Medical”). The transaction includes the acquisition of the medical business of Precision Concepts International (“PCI”) as well as Precision Concepts Group (“PCG”), headquartered in Winston-Salem, NC. Both Precision Concepts Medical businesses are headquartered in the United States with operations in Harrisonburg, VA; Mebane, NC; Winston-Salem, NC; Haina, Dominican Republic; and Alajuela, Costa Rica.

“Precision Concepts Medical is a recognized leader that offers unique capabilities in micro-metals machining and stamping, injection micro-molding, and micro-assembly processes”, said Travis Sessions, CEO of Biomerics. “The addition of these capabilities and manufacturing footprint extends Biomerics offerings as a leading supplier to the world’s largest medical device OEMs. We are excited to partner with the talented team at Precision Concepts Medical to deliver our shared vision”.

Learn more about Biomerics’ Merger with Precision Concepts Medical at: https://go.biomerics.com/e/922543/ith-precision-concepts-medical/qz48b/315684303?h=_aahljjIoHChJWzCtUuj65-39nPC0b1QjGT924_MwDE.​​​​