M&A Deal Summary

Cretex Companies Acquires Quality Tech Services

On June 13, 2017, Cretex Companies acquired packaging company Quality Tech Services

Acquisition Highlights
  • This is Cretex Companies’ 1st transaction in the Packaging sector.
  • This is Cretex Companies’ 3rd transaction in the United States.
  • This is Cretex Companies’ 2nd transaction in Minnesota.

M&A Deal Summary
Date 2017-06-13
Target Quality Tech Services
Sector Packaging
Buyer(s) Cretex Companies
Deal Type Add-on Acquisition

Target

Quality Tech Services

Bloomington, Minnesota, United States
Quality Tech Services, Inc. is a provider of outsourced packaging services to the medical device industry. QTS specializes in cleanroom assembly, packaging and labeling, sterilization management, process development and validations, and material sourcing and supply chain management. Quality Tech Services, Inc. was founded in 2001 and is based in Bloomington, Minnesota.

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Buyer(S) 1

Buyer

Cretex Companies

Elk River, Minnesota, United States
Category Company
Founded 1917
Sector Manufacturing
DESCRIPTION

Cretex Companies, Inc. is a provider of manufacturing services to medical, aerospace and defense, infrastructure, and industrial markets.

DEAL STATS #
Overall 3 of 3
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Minnesota) 2 of 2
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 Spectralytics

Dassel, Minnesota, United States

Spectralytics, Inc. is a provider of contract manufacturing services to medical device industry.

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