Add-on Acquisition • Packaging

UFP Technologies Acquires Contech Medical

On October 13, 2021, UFP Technologies acquired packaging company Contech Medical

Acquisition Context
  • This is UFP Technologies’ 3rd transaction in the Packaging sector.
  • This is UFP Technologies’ 8th transaction in the United States.
  • This is UFP Technologies’ 1st transaction in Rhode Island.

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M&A Deal Summary

Date October 13, 2021
Target Contech Medical
Sector Packaging
Buyer(s) UFP Technologies
Deal Type Add-on Acquisition

Target Company

Contech Medical

Providence, Rhode Island, United States
Contech Medical is a provider in the design, development, and manufacture of class III medical device packaging primarily for catheters and guidewires. Contech Medical was founded in 1987 and is based in Providence, Rhode Island.
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Buyer Overview 1

Buyer

UFP Technologies

Newburyport, Massachusetts, United States

Category Company
Founded 1963
Sector Packaging
Employees4,146
Revenue 504M USD (2024)
DESCRIPTION

UFP Technologies is a producer and marketer of specialty packaging products and solutions to medical, automotive, aerospace and defense, and packaging markets in the United States. UFP Technologies was founded in 1963 and is based in Newburyport, Massachusetts.


Deal Context for Buyer #
Overall 8 of 16
Sector: Packaging 3 of 3
Type: Add-on Acquisition 8 of 15
State: Rhode Island 1 of 1
Country: United States 8 of 13
Year: 2021 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-02 Dielectrics

Chicopee, Massachusetts, United States

Dielectrics, Inc. is a designer, developer, and manufacturer of medical devices using thermoplastic materials. Dielectrics was founded in 1954 and is based in Chicopee, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 DAS Medical

Cartersville, Georgia, United States

DAS Medical is a medical device contract manufacturer specializing in the design, development and production of single-use surgical equipment covers, robotic draping systems and fluid control pouches. DAS Medical was founded in 2010 and is based in Cartersville, Georgia.

Buy -