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INDUSTRY FIRST

Millstone Medical Outsourcing Completes Acquisition Of Ethide Labs

Dec 01, 2022•almost 3 years ago

Acquiring Company

Millstone Medical Outsourcing

Acquired Company

Ethide Labs

Science And EngineeringManufacturingHealth Care

Description

Millstone Medical Outsourcing, the industry's leading partner of choice for medical manufacturers' post-manufacturing and aftermarket services, announces its completed acquisition of Ethide Labs on November 14, 2022.

Company Information

Company

Millstone Medical Outsourcing

About

Headquartered in Fall River, MA, Millstone is a comprehensive solutions provider of quality-critical services for the medical industry, managing post-manufacturing services and supply chain and logistics services. The Company has 100+ programs with blue-chip medical device and pharmaceutical companies, innovators in robotic-assisted surgery, mid-size medical device OEMs, and emerging growth manufacturers. Millstone currently employs ~560 employees across two facilities in Fall River, MA and Olive Branch, MS. For more information: www.millstonemedical.com

Company News

(2 articles)

Thu, 17 Nov 2022 08:00:00 GMT

Millstone Medical Outsourcing Completes Acquisition of MycoScience - PR Newswire

Thu, 01 Dec 2022 08:00:00 GMT

Millstone Medical Outsourcing Completes Acquisition of Ethide Labs - PR Newswire

FundzWatch™ Score

High M&A Activity

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed