NEWS RELEASE: Zeus welcomes new general manager, reinforcing commitment to catheter innovation Orangeburg, South Carolina – Zeus, a world leader in polymer extrusion and catheter manufacturing, is pleased to announce a pivotal addition to its leadership team, reflecting an unwavering commitment to innovation and excellence in providing solutions … [Read more...] about Zeus has a new catheters GM
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Zeus names first chief technology officer
Zeus today announced it named Suresh Sainath as its new chief technology officer, effective immediately. The chief technology officer position is newly created, and Sainath will lead the Orangeburg, S.C.-based polymer extrusion and catheter manufacturing company's efforts to accelerate innovation and leverage the advanced capabilities of its … [Read more...] about Zeus names first chief technology officer
Zeus hires new CEO from Becton Dickinson
Zeus has hired Padraic “Paddy” O’Brien as CEO from Becton, Dickinson and Co. effective April 1, the medical tubing supplier said today. O’Brien is worldwide president of BD Peripheral Intervention, where he “developed an extensive and consistent track record of delivering durable, sustainable growth while creating a winning culture,” Zeus said … [Read more...] about Zeus hires new CEO from Becton Dickinson
Zeus sale to private equity firm EQT closes
Zeus is officially under new ownership after private equity firm EQT closed on its acquisition of the medical tubing supplier. “Today marks the start of a new chapter for our company, and we’re excited to share this update with you,” Zeus said in an email to “industry partners” announcing the deal’s finalization. “We believe this partnership … [Read more...] about Zeus sale to private equity firm EQT closes
Zeus owners are selling to private equity
The EQT X fund will become the owner of medical tubing tech provider Zeus under an agreement announced today. Financial terms of the acquisition were not disclosed. Bloomberg reported that the deal values the company at $3.4 billion, citing "people with knowledge of the matter." The transaction is expected to close in Q1 2024, subject to … [Read more...] about Zeus owners are selling to private equity
Catheter supplier Zeus seeks $4B buyer, Reuters reports
Zeus is exploring the potential sale of its business in a deal that could be worth $4 billion, Reuters reported, citing "people familiar with the matter." The Orangeburg, South Carolina-based manufacturer of catheter components and other medtech supplies is reportedly working with Goldman Sachs to evaluate the upside of a deal with strategic … [Read more...] about Catheter supplier Zeus seeks $4B buyer, Reuters reports
Zeus launches next-gen tubing for bioresorbable vascular scaffolds
Zeus announced today that it launched the newest member of its family of bioabsorbable products: Absorv XSE oriented tubing. Orangeburg, South Carolina-based Zeus designed Absorv XSE as a highly customizable platform for design. Available in a variety of resins and expanded size ranges, it offers an alternative to metallic products … [Read more...] about Zeus launches next-gen tubing for bioresorbable vascular scaffolds
Zeus opens Minnesota catheter manufacturing facility
Zeus has opened its catheter manufacturing facility in Arden Hills, Minnesota, celebrating the new facility with a grand opening. The 75,600-ft² building is home to CathX Medical, which Zeus acquired 2021. The facility has advanced R&D lab and cleanroom space for designing, developing and validating medical catheter prototypes. The … [Read more...] about Zeus opens Minnesota catheter manufacturing facility
Zeus nears completion of Minnesota catheter manufacturing facility
NEWS RELEASE: Medical device manufacturing gets major boost as Zeus opens state-of-the-art facility Zeus, a global leader in advanced polymer solutions, announced today that construction is almost complete on a state-of-the-art catheter manufacturing facility in Arden Hills, Minnesota. The location, scale, and on-site capabilities across R&D, … [Read more...] about Zeus nears completion of Minnesota catheter manufacturing facility
Zeus Industrial Products founder passes away
Frank Paul Tourville Sr. — who founded Zeus 54 years ago and built it into a major provider of advanced medical tubing products — recently passed away at age 87. The Orangeburg, S.C.–based company in its announcement of Tourville's March 16 death described him as a well-known and highly regarded visionary in the polymer extrusion … [Read more...] about Zeus Industrial Products founder passes away
