Medical company acquires manufacturer
A local company that makes and distributes medical equipment and devices has acquired a Michigan maker of surgical cleaning equipment.
Grand Rapids-based Skytron said today it acquired Plymouth-based CleanStart Surgical, which develops high-capacity, “intelligent” ultrasonic cleaners for medical sterile processing departments.
Terms of the deal, which closed March 9, were not disclosed.
Ryan Jankovic, the president and founder of CleanStart Surgical, said the company has reached the goals set at the time of its founding in 2015 and was looking for a route to additional growth.
“We all look forward to even greater product usage across the globe,” he said.
CleanStart will continue operating from its base in Plymouth. Jankovic and his sole employee will remain in their roles.
Founded in 1972, Skytron is a family owned manufacturer and distributor of health care equipment and technology made by original equipment manufacturers, or OEMs.
More than 90 percent of its revenue is generated from capital equipment sales, according to Skytron.
The company has operations throughout North America, Europe, Asia and the Middle East, in addition to representation in Central America, South America and the Caribbean.
As of September 2017, the company had 115 employees. Its 2016 revenue was about $150 million.