Precision Edge Buys Eva-Lution in Angola
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Angola-based Eva-Lution has been acquired by Precision Edge Surgical Products Co. in Michigan, which specializes in contract manufacturing of orthopedic and medical device instruments. The company says the acquisition of Eva-Lution’s 60,000-square-foot facility will support continued growth in a geographical area known for orthopedic original equipment manufacturers.
Precision Edge says the acquisition will also accelerate its implant manufacturing capabilities.
“The addition of the Eva-Lution operation will enhance Precision Edge’s continued growth in service to our strategic customers,” said Todd Fewins, president of Precision Edge. “The demand is there, and this new site in Angola will provide added capacity, manufacturing equipment, and a talented group of people who deliver high-quality medical products.”
Eva-Lution has specialized in medical instrument manufacturing since 2015.
“We are being very intentional in how we grow and where we grow,” said Kenneth Ross, director of sales at Precision Edge. “We have many exciting opportunities in our pipeline that will expand our offerings in both technology and services, allowing us to remain a leader in this great industry.”
Precision Edge operates a second Michigan manufacturing site in Boyne City. Financial terms of the deal were not disclosed.