Healthcare Magazine March 2016 | Page 70

GREATBATCH MEDICAL
The Tijuana operation ’ s quality products and reliability resulted in bringing other specialized manufacturing processes to these facilities

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Recent acquisitions : Lake Region Medical Throughout the years , acquisitions have become an important growth strategy for Greatbatch Medical . These transactions allow the company to branch out into different medical specialties .
Lake Region Medical is the corporation ’ s most recent acquisition , which took place in October 2015 . Lake Region was valued at $ 800 million , increasing Greatbatch Medical ’ s current value to $ 1.5 billion . This transaction also resulted in the acquisition of new plastic and metal resources for new areas such as oncology , laparoscopic surgery , UI , and diabetes , among others .
70 March 2016