Latest News

Qure Medical Acquires UK-headquartered Silicone Altimex

News | August 5, 2015

Q Holding Company, d.b.a. Qure Medical, with corporate headquarters in Twinsburg, Ohio, has acquired UK-headquartered Silicone Altimex, announced Randy Ross, President and CEO of Qure Medical.

Financial terms of the agreement were not disclosed.

Qure Medical provides integrated elastomer solutions to medical device manufacturers. Silicone Altimex is one of Europe’s leading independent manufacturers of cleanroom-produced silicone tubing components and assemblies for the pharmaceutical industry.

“This transaction is an important step in realizing our global ambitions,” said Qure Medical’s Ross. “Silicone Altimex is a great fit with our business and we look forward to capitalizing on the strengths of each organization. The acquisition provides us with manufacturing facilities in Europe and will enable us to grow our overall capacity, especially in the attractive pharmaceutical and assembly business.”

Silicone Altimex, Ltd., with head offices in Nottingham, England, and a strong sales presence throughout Europe, was established in 1976 as a silicone-tubing manufacturer for the UK’s domestic appliance market. Today, it is a leading supplier of products to medical, pharmaceutical and high tech companies worldwide.

“We are thrilled to join Qure Medical and I am confident that the next stage in our development will be a very exciting one,” said Chris Barker, Managing Director of Silicone Altimex. “Qure Medical brings a host of new technologies and ideas that give us the opportunity to augment our current capabilities and better serve our customers to collaborate with them to provide improved engineered solutions.”

“Qure Medical and Silicone Altimex complement each other very well,” added Ross, “with our collective strengths resulting in increased solutions for our customers and an expanded geographic presence. Furthermore, the combined operations will better position Qure Medical in the attractive European market.”

 

Full Article

News | August 5, 2015

Q Holding Company, d.b.a. Qure Medical, with corporate headquarters in Twinsburg, Ohio, has acquired UK-headquartered Silicone Altimex, announced Randy Ross, President and CEO of Qure Medical. Financial terms of the agreement were not disclosed. Qure Medical provides integrated elastomer solutions to medical device manufacturers. Silicone Altimex is one of Europe’s leading independent manufacturers of cleanroom-produced silicone tubing components and assemblies for the pharmaceutical industry. “This transaction is an important step in realizing our global ambitions,”…

Read more

Qure buys Tompkins, boosts pharmaceutical unit

News | February 11, 2014

TWINSBURG, Ohio—Qure Medical has purchased Tompkins Pharmaceutical Rubber in a deal that will boost Qure’s offerings to the pharmaceutical side of the medical business. The unit of Twinsburg-based Q Holding Co. closed the deal Jan. 24 and sent out a letter that day to Tompkins customers saying that Qure would work with them to make the transition period as seamless as possible. Terms of the deal and how much revenue the Tompkins business posted were…

Read more

News | February 11, 2014

TWINSBURG, Ohio—Qure Medical has purchased Tompkins Pharmaceutical Rubber in a deal that will boost Qure’s offerings to the pharmaceutical side of the medical business. The unit of Twinsburg-based Q Holding Co. closed the deal Jan. 24 and sent out a letter that day to Tompkins customers saying that Qure would work with them to make the transition period as seamless as possible. Terms of the deal and how much revenue the Tompkins business posted were…

Read more

Simulation of Rubber Products is a Growing Industry

News | February 11, 2014

NORTH CANTON, Ohio—Giving proper simulation of rubber product processing remains difficult, but there has been much improvement in recent years, and its usage is increasing. “The difficulty in simulating rubber is it is a non-linear simulation,” said Tony Johnson, senior tooling engineer for mold making at Quadra Tooling & Automation, a unit of Q Holding Co. He is responsible for the mold design department at Quadra’s facility in North Canton, and he also assists in…

Read more

News | February 11, 2014

NORTH CANTON, Ohio—Giving proper simulation of rubber product processing remains difficult, but there has been much improvement in recent years, and its usage is increasing. “The difficulty in simulating rubber is it is a non-linear simulation,” said Tony Johnson, senior tooling engineer for mold making at Quadra Tooling & Automation, a unit of Q Holding Co. He is responsible for the mold design department at Quadra’s facility in North Canton, and he also assists in…

Read more

Quality, quantity drive new projects for Q Holding

News | January 14, 2014

TWINSBURG, Ohio—Q Holding Co. has projects underway that will bolster its Qure Medical operations in Wisconsin and also bring online new plants in China for its automotive and medical businesses. The projects include spending about $1.5 million to build and equip an 8,000-sq.-ft., Class 100,000 clean room within Qure Medical’s 90,000-sq.-ft. facility in Sturtevant, Wis., that will help the firm more aggressively pursue high-volume business. When that is completed early this year, the current clean…

Read more

News | January 14, 2014

TWINSBURG, Ohio—Q Holding Co. has projects underway that will bolster its Qure Medical operations in Wisconsin and also bring online new plants in China for its automotive and medical businesses. The projects include spending about $1.5 million to build and equip an 8,000-sq.-ft., Class 100,000 clean room within Qure Medical’s 90,000-sq.-ft. facility in Sturtevant, Wis., that will help the firm more aggressively pursue high-volume business. When that is completed early this year, the current clean…

Read more