Quasar Engineering Ltd.12.13.21
Quasar Engineering Ltd., “Quasar Medical,” global manufacturer of minimally invasive devices based in Hong Kong, completed the acquisition of the Singapore business and operations, Creganna Medical PTE. Ltd., a subsidiary of TE Connectivity.
The acquisition of TE Connectivity’s medical operations in Singapore will extend Quasar’s Asia footprint, complement its capabilities and add an experienced team in Singapore, an important global medical device hub.
“I am very excited to welcome the new capabilities that the Singapore team will bring to Quasar,” said Alex Wallstein, CEO of Quasar Medical. “The addition of the Singapore operation strengthens Quasar Medical as one of the leading suppliers for the minimally-invasive interventional segment and broadens our value proposition to our customers. We look forward to invest and further grow capacity in Singapore and extend a warm welcome to the 120 employees of the Singapore operation.”
The Creganna Medical PTE. Ltd. site and operations became part of TE Connectivity’s global medical business, when TE acquired Creganna Medical.
The acquisition of TE Connectivity’s medical operations in Singapore will extend Quasar’s Asia footprint, complement its capabilities and add an experienced team in Singapore, an important global medical device hub.
“I am very excited to welcome the new capabilities that the Singapore team will bring to Quasar,” said Alex Wallstein, CEO of Quasar Medical. “The addition of the Singapore operation strengthens Quasar Medical as one of the leading suppliers for the minimally-invasive interventional segment and broadens our value proposition to our customers. We look forward to invest and further grow capacity in Singapore and extend a warm welcome to the 120 employees of the Singapore operation.”
The Creganna Medical PTE. Ltd. site and operations became part of TE Connectivity’s global medical business, when TE acquired Creganna Medical.