# SFS Group to acquire Tegra Medical

SFS Group, a Swiss provider of precision-formed components and mechanical fastening systems, is to acquire Tegra Medical, a medical device contract manufacturer. Tegra will continue operations under its own brand in Massachusetts with existing senior management.

- Type: Acquisition
- Announced: 2016-11-14
- Where: Massachusetts, United States
- Status: announced
- Products: medical device contract manufacturing, precision-formed components, mechanical fastening systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [SFS Group](https://endata.com/companies/20048.md) (acquirer)
- [Tegra Medical](https://endata.com/companies/20049.md) (target)
- [Riverside Partners](https://endata.com/companies/20053.md) (investor)
- [Riverside Partners](https://endata.com/companies/20053.md) (partner)

## Sources

- [orthoworld.com](https://www.orthoworld.com/tegra-medical-to-be-acquired-by-sfs/), 2016-11-14: "Tegra Medical, a medical device contract manufacturer, is to be acquired by SFS Group, a provider of customized precision-formed components and mechanical fastening systems in Switzerland."
- [tegramedical.com](https://www.tegramedical.com/pr-sfs/), 2016-11-14: "Tegra Medical, a premier medical device contract manufacturer, today announced that SFS Group AG... is acquiring the company."
- [prnewswire.com](https://www.prnewswire.com/news-releases/tegra-medical-to-be-acquired-by-sfs-group-ag-300361627.html), 2016-11-14: "Tegra Medical, a premier medical device contract manufacturer, today announced that SFS Group AG... is acquiring the company."
- [prnewswire.com](https://www.prnewswire.com/news-releases/sfs-group-ag-to-acquire-tegra-medical-a-riverside-partners-portfolio-company-300362116.html), 2016-11-14: "This is a very exciting development for Tegra Medical."
- [medicaldesignandoutsourcing.com](https://www.medicaldesignandoutsourcing.com/switzerlands-sfs-group-acquire-contract-manufacturer-tegra-medical/), 2016-11-14: "This is an exciting time for the SFS Group because we've been looking for the right manufacturer to add focused medical device expertise to our company."
- [medicaldevice-network.com](https://www.medicaldevice-network.com/marketdata/newsmas-this-week-sfs-group-bionical-5671211/), 2016-11-17: "The acquisition will integrate Tegra into SFS’ engineered components segment and allows the acquirer to expand its supplier business in medical device industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.