Flextronics To Expand Medical Device Portfolio

Flextronics announced that it will aquire Avail Medical Products Inc., producer of disposable medical devices. The aquisition will expand Flextronics' medical segment offerings by incorporating Avail's medical design, manufacturing and logistics capabilities in disposable medical products. The pending Solectron acquisition will also expand Flextronics' medical products portfolio. "Flextronics Medical will increase the range of services it offers customers to include design, manufacturing and logistics of disposable medical devices, handheld diagnostics and drug delivery devices and imaging, lab and life sciences equipment," Dan Croteau, president of Flextronics Medical, said in a statement. According to a company release, Avail is expected to generate $250 million in sales in 2007 with products like catheters, wound management and drug delivery. The acquisition is expected to close before the end of the year.