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        IMA

M&As: Flexicare buys Medisize; ANSYS acquires 3DSIM

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Flexicare Group, a UK-headquartered manufacturer of medical devices has acquired Medisize B.V. from an affiliate of Phillips-Medisize.

Medisize B.V. is a manufacturer specialising in the supply and distribution of a wide range of respiratory and anaesthesia products for critical care, neonatology, emergency, homecare and radiology. The acquisition of Medisize B.V. includes operations in the Netherlands, and subsidiaries in Germany and Italy.

This transaction provides Flexicare with an enhanced presence in mainland Europe supported by the Medisize B.V. sales and distribution networks in three European geographies.

The sale of Medisize B.V. by Phillips-Medisize will enable both organisations to focus on their differing areas of expertise, and better serve the needs of their distinct customer groups. The business acquired does not include any of the contract manufacturing and design consultancy businesses of Phillips-Medisize in the Netherlands, Czech Republic or elsewhere.

Commenting on the deal, Flexicare Managing Director Hash Poormand said: “This transaction underscores our commitment across Europe to be a leader in airway management and anaesthesia, with the ability to deliver and service the market at scale. The rapid organic growth that we have enjoyed, as a result of our innovative product portfolio and recent acquisitions, will give us further reach and the combination of the two companies will increase the value Flexicare and Medisize B.V. deliver to its customers and end users. The acquisition is expected to immediately accelerate revenue growth and drive overall earnings growth potential for Flexicare’s wider range of anaesthesia and airway management products, truly exciting times ahead.”

Matt Jennings, CEO/President, Phillips-Medisize commented: “We believe this is a very positive transaction for both Flexicare and Phillips-Medisize. The Airway Management business closely aligns with Flexicare’s vision. Flexicare’s strength and presence in this market makes them well-positioned to fully leverage the talent and expertise of the Airway Management team in continuing to provide innovative airway management solutions.”

In other news, US engineering simulation software company ANSYS has acquired 3DSIM, the developer of additive manufacturing simulation technology. The acquisition of 3DSIM gives ANSYS the industry’s only complete additive manufacturing simulation workflow. Terms of the deal were not disclosed.

Additive manufacturing is the fastest-growing engineering market segment. While it has the potential to transform the industrial manufacturing landscape, companies have several hurdles to overcome before they can broadly replace existing manufacturing methods. Printing metal is particularly challenging because it often involves a laser, which optimises the metal’s density for each application. But it can also melt the metal in unexpected ways, causing product failure. Additionally, rapid heating and cooling causes stresses that can deform the product. The combined ANSYS-3DSIM simulation solution will mitigate those risks, leading to stronger, yet lighter components in the future.

Headquartered in Park City, Utah, 3DSIM develops powerful simulation software for metal additive manufacturing. 3DSIM’s software tools empower manufacturers, designers, materials scientists and engineers, to achieve their objectives through simulation-driven innovation rather than physical trial and error. Customers include aerospace and automotive OEMs, parts manufacturers, metal additive manufacturing machine producers and leading research labs.

3DSIM’s products include exaSIM, an easy-to-use tool developed specifically for machine operators and designers for additive manufacturing-developed parts. exaSIM provides unparalleled predictions to identify and address residual stress, distortion and build failure, enabling users to achieve part tolerances and avoid build failures without physical experimentation. Another product, FLEX, enables engineers, analysts and researchers to dial in the best process parameters for a particular additive manufacturing machine and material combination. That leads to the highest level of part integrity and predicts microstructure and properties before building the part.

“Additive manufacturing is changing the way companies are bringing products to market, and 3DSIM is helping to lead the way through its innovative solutions,” said Shane Emswiler, ANSYS vice president and general manager. “By bringing exaSIM and FLEX onto our Workbench platform, ANSYS can offer customers the only end-to-end additive manufacturing simulation workflow available. That will spark innovation, speed time to market and reduce manufacturing costs for our customers across industries.”

(IMA)


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