AG˹ٷ

STOCK TITAN

Quasar Medical Strengthens Global CDMO Platform with Acquisition of Nordson Medical's Galway and Tecate Facilities

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)

Quasar Medical has completed the acquisition of Nordson Corporation's (NASDAQ: NDSN) design & development contract manufacturing facilities in Galway, Ireland, and Tecate, Mexico. This strategic move transforms Quasar into a fully integrated Contract Development and Manufacturing Organization (CDMO), expanding its workforce by nearly 200 employees.

The acquisition adds two FDA-registered, ISO 13485-certified facilities in key MedTech regions. The Galway facility will serve as an innovation hub for design & development of medical devices, while the Tecate location will provide cost-effective, high-volume manufacturing capabilities. The expansion strengthens Quasar's ability to offer end-to-end solutions for complex interventional devices, from concept to commercialization.

Quasar Medical ha completato l'acquisizione degli stabilimenti di progettazione e sviluppo di Nordson Corporation (NASDAQ: NDSN) a Galway, Irlanda e a Tecate, Messico. Questa operazione strategica trasforma Quasar in un'organizzazione CDMO (Contract Development and Manufacturing Organization) completamente integrata, aumentando il proprio organico di quasi 200 dipendenti.

L'accordo include due strutture registrate dalla FDA e certificate ISO 13485 situate in regioni chiave del settore MedTech. La sede di Galway fungerà da centro d'innovazione per la progettazione e lo sviluppo di dispositivi medici, mentre lo stabilimento di Tecate offrirà capacità produttive ad alto volume e a costi competitivi. L'espansione rafforza la capacità di Quasar di fornire soluzioni end-to-end per dispositivi interventistici complessi, dal concetto fino alla commercializzazione.

Quasar Medical ha finalizado la adquisición de las instalaciones de diseño y desarrollo de Nordson Corporation (NASDAQ: NDSN) en Galway, Irlanda y Tecate, México. Esta decisión estratégica convierte a Quasar en una Organización de Desarrollo y Fabricación por Contrato (CDMO) totalmente integrada, ampliando su plantilla en casi 200 empleados.

La adquisición incorpora dos instalaciones registradas ante la FDA y certificadas ISO 13485 en regiones clave del sector MedTech. La planta de Galway funcionará como un centro de innovación para el diseño y desarrollo de dispositivos médicos, mientras que la de Tecate proporcionará capacidades de fabricación de alto volumen y rentable. La expansión refuerza la capacidad de Quasar para ofrecer soluciones integrales para dispositivos intervencionistas complejos, desde el concepto hasta la comercialización.

Quasar MedicalNordson Corporation(NASDAQ: NDSN)� 설계 � 개발 계약 제조 시설� 아일랜드 Galway멕시� Tecate에서 인수 완료했습니다. 이번 전략� 조치� Quasar� 완전 통합� CDMO(Contract Development and Manufacturing Organization)� 전환되며, 인력� 거의 200� 어납니�.

이번 인수� FDA 등록 � ISO 13485 인증� 받은 � 개의 시설� 핵심 MedTech 지역에 추가됩니�. Galway 시설은 의료기기 설계 � 개발� 위한 혁신 허브� 기능하고, Tecate 시설은 비용 효율적인 대� 생산 능력� 제공합니�. 이번 확장은 컨셉부� 상용화까지 복잡� 중재� 기기� 위한 엔드투엔� 솔루� 제공 역량� 강화합니�.

Quasar Medical a finalisé l'acquisition des installations de conception et développement de Nordson Corporation (NASDAQ: NDSN) à Galway, Irlande et à Tecate, Mexique. Cette opération stratégique transforme Quasar en une CDMO (Contract Development and Manufacturing Organization) pleinement intégrée, augmentant ses effectifs d'environ 200 employés.

L'acquisition ajoute deux sites enregistrés auprès de la FDA et certifiés ISO 13485 dans des régions clés du MedTech. L'établissement de Galway servira de pôle d'innovation pour la conception et le développement de dispositifs médicaux, tandis que celui de Tecate fournira des capacités de production à fort volume et à moindre coût. Cette expansion renforce la capacité de Quasar à offrir des solutions de bout en bout pour des dispositifs interventionnels complexes, du concept à la commercialisation.

Quasar Medical hat die Übernahme der Design- und Entwicklungslieferwerke von Nordson Corporation (NASDAQ: NDSN) in Galway, Irland und Tecate, Mexiko abgeschlossen. Dieser strategische Schritt wandelt Quasar in eine voll integrierte Contract Development and Manufacturing Organization (CDMO) um und erweitert die Belegschaft um fast 200 Mitarbeiter.

Die Akquisition umfasst zwei FDA-registrierte, nach ISO 13485 zertifizierte Standorte in wichtigen MedTech-Regionen. Der Standort in Galway wird als Innovationszentrum für Design und Entwicklung medizinischer Geräte dienen, während der Standort in Tecate kosteneffiziente Produktionskapazitäten für hohe Stückzahlen bereitstellt. Die Expansion stärkt Quasars Fähigkeit, End-to-End-Lösungen für komplexe interventionelle Geräte vom Konzept bis zur Kommerzialisierung anzubieten.

Positive
  • Expansion of global presence with two FDA-registered, ISO 13485-certified facilities in strategic MedTech regions
  • Addition of 200 skilled employees including expert development engineers and technicians
  • Enhanced end-to-end capabilities from product development to high-volume manufacturing
  • Increased cleanroom footprint and technical expertise in medical device manufacturing
  • Strategic positioning in both European and North American markets improving customer proximity
Negative
  • Integration challenges with merging operations and workforce from two different facilities
  • Potential transition risks for existing customers and suppliers
  • Increased operational complexity managing facilities across multiple regions

Insights

Nordson divests medical contract manufacturing facilities to Quasar, shifting away from this segment while strengthening Quasar's end-to-end CDMO capabilities.

Nordson Corporation (NDSN) has completed the divestiture of its design and development contract manufacturing operations in Galway, Ireland, and Tecate, Mexico to Quasar Medical. This transaction represents a strategic realignment for Nordson, allowing the company to potentially focus on its core industrial precision technology businesses while transferring its medical contract manufacturing capabilities to a specialized player.

The divested facilities are both FDA-registered and ISO 13485-certified, indicating their compliance with rigorous medical device manufacturing standards. The Galway site specializes in design and development for complex medical components including extrusions, braiding, balloons, and catheters, while the Tecate facility offers high-volume manufacturing capabilities.

From Nordson's perspective, this divestiture likely represents a portfolio optimization strategy to streamline operations. For investors, the key question centers on whether this transaction aligns with Nordson's long-term strategic direction and how the proceeds might be redeployed. The transaction transfers approximately 200 employees to Quasar, indicating a meaningful segment of Nordson's workforce.

While financial terms weren't disclosed, the deal's impact on Nordson's balance sheet and future earnings potential remains an important consideration. The divestiture reduces Nordson's exposure to the medical contract manufacturing sector while potentially allowing greater focus on its industrial precision technology applications where margins or growth prospects might be more favorable.

The transaction appears to reflect broader industry trends where companies are increasingly focusing on core competencies while divesting non-strategic assets, particularly in specialized manufacturing segments where scale and dedicated focus create competitive advantages.

This milestone enhances Quasar's global CDMO platform, broadening end-to-end capabilities and providing increased value for medical device OEMs and innovators.

GALWAY, Ireland, Sept. 2, 2025 /PRNewswire/ -- Quasar Medical, a global leader in manufacturing interventional and minimally invasive medical devices, today announced the completion of its acquisition of Nordson Corporation's (Nasdaq: NDSN) design & development contract manufacturing businesses in Galway, Ireland, and Tecate, Mexico.

Quasar's evolution into a fully integrated Contract Development and Manufacturing Organization (CDMO) marks a transformative step, offering customers concept-to-commercialization solutions worldwide. The company is expanding its workforce by nearly 200 employees, including expert development engineers and technicians, creating new opportunities for advancement.

"This strategic acquisition marks an exciting new chapter for Quasar and the customers we serve," said Alex Wallstein, CEO of Quasar Medical. "By combining our manufacturing excellence with the world-class design, development, and assembly expertise of the Galway and Tecate teams, we are expanding our global reach, moving closer to our customers and creating a truly global CDMO platform. Together, we will partner with customers and suppliers earlier in the product lifecycle, delivering innovation, scalability, and speed to market at every stage."

With this acquisition, Quasar strengthens its global presence with two FDA-registered, ISO 13485-certified facilities situated in key MedTech regions—Europe and North America—improving customer proximity and access. Galway, Ireland, now serves as an innovation hub for design & development for extrusions, braiding, balloons, and complex catheters, providing advanced support in product design, prototyping, and clinical innovation. Tecate, Mexico, adds cost-effective, high-volume manufacturing capabilities, facilitating a smoother transition from development to commercialization.

"This is a pivotal milestone that positions Quasar as a strategic partner to our customers � not just a manufacturer," said Aviel Bohnik, COO of Quasar Medical. "With the addition of Galway and Tecate, we now offer a truly differentiated platform that combines upstream innovation, downstream scalability, and our unsurpassed ramp-up capabilities—accelerating time to market for our customers. These new sites strengthen our ability to deliver high-value solutions through vertical integration, customer collaboration, and operational excellence across key regions."

A Stronger Future for Customers

By expanding its regional reach and integrating Nordson Medical's design, development, and contract manufacturing capabilities into its global platform, Quasar can now provide a seamless, end-to-end solution for complex interventional devices, including:

  • Advanced product development and rapid prototyping in Galway
  • Design-for-manufacturing expertise, balloon catheter and shaft development, and comprehensive testing capabilities
  • Scalable manufacturing and assembly in Tecate, including molding, coating, packaging, and automated processes

The acquisition also greatly expands Quasar's cleanroom footprint, enhances deep technical expertise in extrusions, balloons, balloon catheters, braided shafts, and delivery systems, and creates more room for growth at both sites. Customers will benefit from regional access in North America and Europe, faster development, enhanced quality control, and more cost-effective manufacturing.

Quasar will collaborate closely with Nordson to ensure a seamless transition for employees, customers, and suppliers.

About

Quasar Medical is a global Contract Development and Manufacturing Organization (CDMO) delivering end-to-end solutions for interventional and minimally invasive medical devices. With 11 global facilities and over 4,300 employees across Asia, North America, and Europe, Quasar specializes in catheter systems, balloon technologies, micro-EM sensors, and complex assemblies, delivering cost-effective scalability and unmatched speed to market. Headquartered in Singapore, the company provides fully integrated device solutions spanning design, prototyping, and scalable manufacturing. Quasar operates under ISO 13485:2016 and cGMP standards, serving leading medical device OEMs and innovators worldwide. For more information, visit 

Cision View original content to download multimedia:

SOURCE Quasar Medical

FAQ

What facilities did Quasar Medical acquire from Nordson Corporation (NASDAQ: NDSN)?

Quasar Medical acquired Nordson's design & development contract manufacturing facilities in Galway, Ireland and Tecate, Mexico, both FDA-registered and ISO 13485-certified.

How many employees will be added to Quasar Medical through this acquisition?

The acquisition will add nearly 200 employees to Quasar Medical, including expert development engineers and technicians.

What manufacturing capabilities does the Galway facility bring to Quasar Medical?

The Galway facility serves as an innovation hub for design & development of extrusions, braiding, balloons, and complex catheters, offering advanced support in product design, prototyping, and clinical innovation.

What is the strategic importance of the Tecate, Mexico facility?

The Tecate facility provides cost-effective, high-volume manufacturing capabilities and facilitates smoother transition from development to commercialization of medical devices.

How will this acquisition benefit Quasar Medical's customers?

Customers will benefit from regional access in North America and Europe, faster development times, enhanced quality control, more cost-effective manufacturing, and end-to-end solutions for complex interventional devices.
Nordson Corp

NASDAQ:NDSN

NDSN Rankings

NDSN Latest News

NDSN Latest SEC Filings

NDSN Stock Data

12.65B
53.03M
5.57%
79.42%
2.47%
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
United States
WESTLAKE