The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Newly privatized Kinetic Concepts Inc. is shuffling the deck, naming a new chairman, new CEOs for two of its businesses and announcing plans to spin out a third.
The wound care giant was taken private in a $6.1 billion leveraged buyout last year by Apax Partners and a pair of Canadian pension funds.
Coghlin Companies added 60,000 square feet to its manufacturing footprint.
The contract manufacturing and engineering firm’s new cleanroom space in Westborough, Mass., will support its manufacturing and engineering divisions, allowing for several new industrial automation integration programs, according to the company. The Worcester, Mass.-based company said the new space would enable it to hire up to 50 new employees.
