Carlisle Interconnect Technologies Acquires Minneapolis, MN-based Redgroup

The combined companies provide a single-source solution for the highly innovative, cost-competitive medical device design, development, testing and contract manufacturing industry.

St Augustine, United States - August 3, 2018 /PressCable/ —

ST. AUGUSTINE, FL — July 31, 2018— Carlisle Interconnect Technologies (CarlisleIT), a global leader in interconnect products for the Aerospace, Medical, Defense & Space and Test & Measurement industries, today completed the acquisition of Minneapolis, MN-based redgroup. The combined company will operate under CarlisleIT’s MedTech business segment and will offer complimentary, industry-leading technologies to provide customers with a single-source solution for highly innovative, cost-competitive medical device design, development, testing and contract manufacturing services.

CarlisleIT’s Medical Technologies division is a contract manufacturer with full-scale capabilities to provide high-quality, low cost interconnect products for use in medical devices. CarlisleIT’s core competencies revolve around industry-leading expertise in high performance interconnect systems for patient monitoring, surgical, electrosurgical, neurological and structural heart applications. CarlisleIT has a proven track record of partnering with the world’s leading medical device OEMs to deliver world-class medical interconnect products through innovative new product development and world-class, low-cost region manufacturing capabilities.

Redgroup specializes in the design and development of complex catheter technologies, with particular expertise in the fields of electrophysiology, structural heart, neurovascular, cardiovascular, peripheral vascular, wound care and ENT.

“The acquisition of redgroup expands CarlisleIT’s design, development and manufacturing capabilities into technically complex and advanced products for use in medical devices. redgroup has extensive technical knowledge and experience in the design and development of products in key medical end markets such as electrosurgical and structural heart,” said John Berlin, President of CarlisleIT. “We are very excited to add redgroup’s design and development expertise to CarlisleIT’s Medical Technologies business and look forward to providing our customers with an expanded portfolio of advanced, industry-leading technologies as well as high-quality, innovative, cost-competitive manufacturing capabilities.”

“Redgroup is extremely excited to be joining CarlisleIT’s Medical Technologies team and combining our design and development of high-end medical devices with their strong interconnect capability. We are also excited to have the opportunity to leverage CarlisleIT’s global reach and access to world-class, low-cost region manufacturing centers,” said Lars Runquist, President and CEO of redgroup.

About Carlisle Interconnect Technologies

Carlisle Interconnect Technologies is one of the world’s leading designers and manufacturers of high-performance wire and cable, including optical fiber. Since 1940, we have grown our product portfolio to include specialty and filtered connectors, contacts, cable assemblies, complex harnesses, racks, trays and installation kits. In addition to our vast product breadth, we provide our customers a higher level of support by offering engineering and certification services for the commercial aerospace, military and defense electronics, industrial, test & measurement, and medical industries. For more information visit www.CarlisleIT.com.

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Media Inquiries Contact:

Kevin Hoyt, Grove Communications, [email protected]

Contact Info:
Name: Tracy O'Such
Organization: Carlisle Interconnect Technologies
Address: 100 Tensolite Drive, St Augustine, FL 32092, United States

For more information, please visit https://www.carlisleit.com

Source: PressCable

Release ID: 389187