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Golden Equity Investments acquires Innovative Medical Device Solutions

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September 16
10:02 AM 2013

In an announcement, Golden Equity Investments said it had acquired Innovative Device Solutions. IMDS is the leading company on the innovation and manufacture of medical implants and instruments for the medical orthopedics industry.

According to IMDS President Brady Shirley, "The combination of IMDS and CoorsTek Medical will bring a unique portfolio offering to its customers. The acquisition also demonstrates CoorsTek Medical's commitment to become a leading orthopaedic implant and instrumentation supplier globally, while maintaining its lead in innovative Orthopaedic product development."

With the acquisition, IMDS would become an affiliate of CoorsTekMedical LLC, the worlds largest technical supplier of ceramics in the medical field. According to IMDS CEO Jonathan Coors, "We believe this acquisition allows for expansion into a key market and we bring significant experience and expertise to IMDS, particularly around operational excellence in manufacturing and materials."

Coors' appointment as the new IMDS CEO is part of the deal in the acquisition.

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