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Tecomet to Acquire Symmetry Medical Inc.'s OEM Solutions Business

2014-08-04 06:00:00| Industrial Newsroom - All News for Today

WILMINGTON, Mass. &ndash; Tecomet Inc., a Genstar Capital portfolio company and precision contract manufacturer supporting the medical device and aerospace industries, today announced that it has signed a definitive agreement with Symmetry Medical Inc. (NYSE: SMA) to acquire its OEM Solutions business segment for $450 million.<br /> <br /> Headquartered in Warsaw, Indiana, OEM Solutions manufactures high precision surgical instruments, orthopedic implants, and plastic and metal sterilization ...

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