Intersurgical, a medical device manufacturer, has acquired Pulmodyne, a US and Malaysian manufacturer of airway and respiratory products. The acquisition enhances Intersurgical's presence in the US market and expands its product portfolio.
Intersurgical Medical Devices (Changzhou) held a groundbreaking ceremony for its second-phase project, with total investment exceeding 300 million RMB. The expansion will add four cleanrooms for respiratory and anesthesia consumables.
Intersurgical officially began construction of a 16,000 sq. m factory in Visaginas, Lithuania, with an initial investment of about €7.5 million. Construction is planned to be completed by end of 2020, with production starting in early 2021.
Intersurgical is building a 22-million-euro automated warehouse for disposable breathing systems in Pabrade, Lithuania, financed by a EUR 10 million loan from SEB Bankas. The warehouse will have a storage capacity of over 50,000 pallets.
Intersurgical announced a new plant in Visaginas, Lithuania, with an investment of EUR 7 million, expected to create around 200 high-skilled jobs.
| Site | Largest | Latest |
|---|---|---|
| Changzhou, China | $46.0M | 2021-02-27 |
| Visaginas, Lithuania | $8.25M | 2020-01-31 |
| Pabrade, Lithuania | $25.0M | 2019-03-01 |