Combining the existing and complementary medical production capabilities of MW Industries with Life Sciences’ technology, engineered solutions and footprint will position the company to deliver an even broader range of high-precision components for surgical instrumentation, assemblies, and finished medical devices to meet the diverse needs of a growing, global customer base. 4000 Sussex Avenue Aurora, IL 60504 Phone: 630-978-9990. Life Sciences – Wallingford. NN - Life Sciences Division was acquired by MW Industries on August 24, 2020 Medical Products Company Out of 60 sectors in the Mergr database, medical products ranked … As previously disclosed, NN plans to use the estimated $700 million in … ISO 13485:2016 ISO 9001:2008. Factors which could materially affect actual results include, but are not limited to: general economic conditions and economic conditions in the industrial sector, the impacts of the coronavirus (COVID-19) pandemic on the Company’s financial condition, business operations and liquidity, inventory levels, regulatory compliance costs and the Company’s ability to manage these costs, start-up costs for new operations, debt reduction, competitive influences, risks that current customers will commence or increase captive production, risks of capacity underutilization, quality issues, availability and price of raw materials, currency and other risks associated with international trade, the Company’s dependence on certain major customers, and the successful implementation of the global growth plan including development of new products. Championship 18 Hole Course located just north of Dayton, Ohio, in Vandalia. CHARLOTTE, N.C., Aug. 24, 2020 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced a definitive agreement under which NN, Inc.’s Life Sciences division will be purchased by affiliates of American Securities LLC for the purpose of being combined with its portfolio company, MW Industries, a provider of highly engineered springs, specialty [...] Bridgemedica - MW Life Sciences Details The Company has assembled a team of seasoned medical device professionals with the experience, expertise and knowledge to bring innovative solutions to the development, manufacturing and regulatory process. MW Industries is a proud member of SMI and CASMI.Sales Inquiries 704.280.8875General Inquiries 704.837.0331. This is MW Industries’ 19th transaction in the United States. MW Life Sciences, Manufacturing. CHARLOTTE, N.C., Oct. 6, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it has successfully completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. ... Christopher J. Qualters Executive VP of Life Sciences: Derivative/Non-derivative $4.01 PER … Perfect for Leagues, Outings, Intimate Weddings, Banquets & Meetings. A global network of facilities focused on Life Sciences and Healthcare, over 140 life-science-graded and GDP-certified facilities in 40 countries. MW Industries Completes Combination with NN, Inc.’s Life Sciences Division MW Industries announced today that affiliates of American Securities LLC have completed the transaction to acquire NN, Inc.’s Life Sciences division. MW Industries, Inc. is a manufacturer of products that make machines, engines, and complex sub-assemblies work harder, better, longer, and faster. Paragon Medical – China. Menu & Reservations Make Reservations . NN’s Life Sciences division has grown into a broad, diversified platform with strong potential for long-term value creation and success as part of MW Industries’ portfolio, which includes medical sector specialists such as LaVezzi Precision, Marox and Economy Spring. MW Industries, Inc., a leading provider of highly engineered springs, specialty fasteners, bellows, specialized precision wire forms, metal stampings, tubular components and other precision components, announced today that affiliates of American Securities LLC have completed the transaction to acquire NN, Inc.'s Life Sciences division. Reviews (937) 387-0880 Website. The combination with NN, Inc.'s Life Sciences division expands MW Industries' existing portfolio of businesses in the medical sector with engineered solutions for better patient outcomes and provides an opportunity to leverage Life Sciences' existing global footprint. Kynar® PVDF Non-toxic, self-extinguishing PVDF resists strong acids, corrosion and radiation. DRT Medical is a supplier of medical instruments and implants. CHICAGO, Illinois and CHARLOTTE, North Carolina, August 24, 2020 – MW Industries, a leading provider of highly engineered springs, specialty fasteners, bellows and other precision components, and NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today a definitive agreement under which NN, Inc.’s Life Sciences division will be purchased by affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. This is MW Industries’ 1st largest (disclosed) transaction. MW Life Sciences emphasizes continuous improvement and permanent defect prevention through a quality system that is comprehensive, data-driven, and cGMP compliant. NN, Inc. Completes Sale of Life Sciences Division CHARLOTTE, N.C. — NN, Inc. announced on October 6, 2020 that it has successfully completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. NN’s Life Sciences division has grown into a broad, diversified platform with strong potential for long-term value creation and success as part of MW Industries’ portfolio, which includes medical sector specialists such as LaVezzi Precision, Marox and Economy Spring. Affiliates of American Securities, of which MW Industries is a portfolio company, purchased NN Life Sciences for $825 million, including $755 million in cash and an additional $70 million earnout based on 2022 performance. All rights reserved. CHARLOTTE, N.C., Oct. 6, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it has successfully completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. FDA Registered. MW Industries, Inc. — a provider of highly engineered springs, specialty fasteners, bellows, specialized precision wire forms, metal stampings, tubular components and other precision components — recently announced that affiliates of American Securities LLC have completed the transaction to acquire NN, Inc.’s Life Sciences division. Bridgemedica, a service of NN Life Sciences, is a medical device company that provides concept to supply solutions through design development engineering and manufacturing. 9/3/2020 Bridgemedica - MW Life Sciences | 794 followers on LinkedIn. The transaction is expected to be completed in the fourth quarter of 2020, subject to customary closing conditions. After the transaction closes, Toby Buck will be appointed as President of the MW Industries Life Sciences division. MW Industries Completes Combination with NN, Inc.'s Life Sciences Division News provided by. At a time when businesses in the medical sector are under more pressure than ever, we can offer an unbeatable combination of speed, quality, and supply chain resilience. Announces Sale of Life Sciences Division for $825 Million. ISO 13485:2016 ISO 9001:2015 Directive 93/42/EEC. © 2021 MW Industries (MWI). Product Types. NN, Inc. NNBR yesterday announced that it agreed to sell its Life Sciences division for $825 million.The purchaser of the business will be affiliates of American Securities LLC. We take pride in introducing our company has involved in producing Drug intermediates, Fine chemicals, Grignards, Lithium Derivatives, Boron Derivatives and Custom synthesis molecules etc. The Life Sciences division will be combined with MW Industries, a portfolio company of American Securities. Plant Manager at MW Life Sciences (formerly NN Life Sciences) Dayton, Ohio Area 467 connections. It specializes in developing solutions for procedure-specific instruments, orthopedic … The transaction is expected to be completed in the fourth quarter of 2020, subject to customary closing conditions. NN, Inc. manufactures and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of markets on a global basis. KeyBanc Capital Markets also acted as a financial adviser to MW Industries. Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! Our products can be encountered in many everyday applications, such as driving a car, flying in a plane, using electronics, or shopping at a grocery store. Our full line of industrial springs, fasteners, machined parts, and flat-stamped spring-related products are engineered for peak performance and made from the world's best materials. NN, Inc. Completes Sale of Life Sciences Division CHARLOTTE, N.C. — NN, Inc. announced on October 6, 2020 that it has successfully completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. Introducing the New MW Life Sciences Division. NN's Life Sciences division has grown into a broad, diversified platform with strong potential for long-term value creation and success as part of MW … From springs, fasteners and metal bellows to orthopaedic implants, cases, trays and surgical instruments, we’re committed to doing whatever it takes to help our customers realize their design objectives. The combined company will span the United States, China, Poland and Switzerland and serve a broad and diverse global customer base. NN, Inc. NNBR yesterday announced that it completed the divestment of its Life Sciences division for $825 million. Paragon Medical, Inc. is a provider of medical devices used in orthopedic surgical procedures. Evercore Inc. acted as lead financial adviser to MW Industries, and Weil, Gotshal & Manges LLP acted as legal adviser. MW Industries, a provider of springs, specialty fasteners, bellows, and other precision components, and NN, Inc., a diversified industrial company, announced today a definitive agreement under which NN, Inc.’s Life Sciences division will be purchased by affiliates of American Securities LLC for the purpose of being combined with MW Industries, one of its portfolio companies. 3507 Commerce Drive Warsaw, IN 46580 Phone: 574.267.5334. Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics. Certifications / Registrations. Case & Tray 10B GDH Industrial Park No. CHARLOTTE, N.C., Aug. 24, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced a definitive agreement under … Since the board appointed new leadership at the start of 2019, NN has endeavoured to bolster its balance sheet and improve flexibility. Paragon Medical – Aurora. ISO 13485:2016 FDA Registered. MW Innovation – Warsaw. The Life Sciences division will be combined with MW Industries, a portfolio company of American Securities. Following the close of the transaction, the Life Sciences division will combine with MW Industries. MW Industries, Inc. is the world’s leading manufacturer of highly engineered industrial springs, fasteners, bellows, and related metal components. With worldwide manufacturing facilities, MW Life Sciences has expertise in the design, validation, and advanced manufacturing of products for the Life Sciences market. Life-science-graded forward stocking/ free trade zone locations in selected markets. With over 30 manufacturing facilities worldwide, MW Industries delivers the precision components today’s engineers need to do their best work. 111 Forbes Blvd, Suite 101 Mansfield, MA 02048 Phone: 508.406.2100 Fax: 508.406.2106. E-mail … Our current portfolio includes: NN's Life Sciences division has grown into a broad, diversified platform with strong potential for long-term value creation and success as part of MW Industries' portfolio, which includes medical sector specialists such as LaVezzi Precision, Marox and Economy Spring. Now we're combining our brands with NN Life Sciences to expand our capabilities in delivering world-class components across a range of medical applications. For more information, click here. The combination with NN, Inc.’s Life Sciences division expands MW Industries’ existing portfolio of businesses in the medical sector with engineered solutions for better patient outcomes and provides an opportunity to leverage Life Sciences’ existing global footprint. MW is a provider of highly engineered springs, specialty fasteners, and other precision components. MW Industries announced that its Medical Solutions portfolio will combine with NN Life Sciences, creating MW Industries Life Sciences. 1146 BARNUM AVE Bridgeport, CT 06610. These, and similar statements, are forward-looking statements concerning matters that involve risks, uncertainties and other factors which may cause the actual performance of NN, Inc. and its subsidiaries to differ materially from those expressed or implied by this discussion. MW Industries Completes Combination with NN, Inc.’s Life Sciences Division October 6, 2020 GMT MW Industries, Inc., headquartered in Rosemont, IL, is a leading provider of highly engineered springs, specialty fasteners, machined parts and other precision components to more than 50,000 customers in over 35 countries. For parts that perform to specification in highly demanding wet environments, Kynar PVDF is the material of choice. Mr. Buck was previously the CEO and Chairman of Paragon, which was acquired by NN, Inc. in 2018, and comprises much of the Life Sciences division. MW Industries already has a strong presence in the healthcare market. CHARLOTTE — NN, Inc., a Charlotte-based industrial manufacturing company, will sell its life sciences division to affiliates of American Securities LLC for $825 million, the firm announced Monday. NN, Inc. And, with thousands of parts in stock, rapid custom build-to-order, and engineering design support, we can deliver against even the most ambitious schedule. Try For Free This is MW Industries’ 2nd transaction in the Medical Products sector. Reviews (937) 387-0880 Website. Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance. Experience across multiple products Our FDA registered facilities produce precision components and medical devices spanning multiple product categories. 16 Chuangye Road Xinbei Zone, Changzhou, China 213033 Phone: +86(0)519 … Through decades of growth, innovation, and dedication, MW Industries has proven to be a world-class supplier of custom springs, fasteners, and precision metal components. Duer Carolina Coil is a manufacturer of hot and cold wound springs for a wide variety of industries. NN (NASDAQ:NNBR) has completed the sale of its Life Sciences division to affiliates of American Securities LLC for the purpose of being combined with MW … MW Life Sciences can manufacture initial prototypes, products, and individual components in a wide range of surgical materials and in volumes ranging from a few hundred parts to multiple millions. With manufacturing locations throughout the United States, MW Industries designs and creates products for a variety of industries, including medical, aerospace, energy, and automotive. Headquartered in Charlotte, North Carolina, NN has 48 facilities in North America, Europe, South America, and China. He will be a valuable new member of our team and we look forward to building this business together.”. “We are thrilled to welcome our new Life Sciences colleagues to MW Industries. NN Inc. company facts, information and financial ratios from MarketWatch. 1146 Barnum Avenue Bridgeport, CT 06610 Phone: 203.336.0121 Sales: 203.336.7446 Fax: 203.336.1774. MW Industries designs and creates products for a variety of industries including medical, aerospace, energy, and automotive. Similarly, statements made herein and elsewhere regarding pending and completed transactions are also forward-looking statements, including statements relating to the future performance and prospects of an acquired business, the expected benefits of an acquisition on the Company’s future business and operations and the ability of the Company to successfully integrate recently acquired businesses. CHICAGO, Oct. 6, 2020 /PRNewswire/ -- MW Industries, Inc., a leading provider of highly engineered springs, specialty fasteners, bellows, specialized precision wire forms, metal stampings, tubular components and other precision components, announced today that affiliates of American Securities LLC have completed the transaction to acquire NN, Inc.’s Life Sciences division. 7-Day Free Trial. NN Life Sciences, formerly operating as a division of NN, Inc., is a leading manufacturer and supplier of precision orthopedic and surgical assemblies and instruments for the medical and life sciences market. Over 150 Life Sciences and Healthcare facilities across 25 countries and a worldwide network of 45 Life Sciences Competence Centers; Reliability. NN, Inc. - Life Sciences Division Johnson City, Tennessee, United States NN, Inc. - Life Sciences Division design and manufacture implants, surgical instrumentation, single-use disposable devices, and assemblies on a global basis. Get directions, reviews and information for MW Life Sciences in Dayton, OH. Except as required by law, we undertake no obligation to update or revise any forward-looking statements we make in our press releases, whether as a result of new information, future events or otherwise. We encourage this behavior through our process-focused team involvement in the visual factory, and the accountability to only those metrics that directly impact quality, delivery, and cost. Paragon Medical was founded in 1991 and is based in Pierceton, Indiana. CHICAGO, Oct. 6, 2020 /PRNewswire/ -- MW Industries, Inc., a leading provider of highly engineered springs, specialty fasteners, bellows, specialized precision wire … Search 151,755 Deals Now NN, Inc. - Life Sciences Division design and manufacture implants, surgical instrumentation, single-use disposable devices, and assemblies on a global basis. The Life Sciences division will be combined with MW Industries, a portfolio company of American Securities. MS Life Sciences is located in Hyderabad for producing manufacture, sourcing and supply of bulk drugs, Drug intermediates and Fine Chemicals. Seamless end-to-end transport of temperature sensitive products across countries and modes; Innovation and Simplicity. 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