Medical Device Qualified Supplier Directory

 

Q Acquires TBL Performance Plastics

Q announces the acquisition of TBL Performance Plastics

Share Via Email
 

SOLON, OH, October 2019 – Q announced today that it has entered into an agreement to acquire TBL Performance Plastics, Sparta, NJ, a leading manufacturer of single-use bio-process components and systems including fittings, tubing, single-use assemblies, and fabrication. T...

+ Read more

SOLON, OH, October 2019 – Q announced today that it has entered into an agreement to acquire TBL Performance Plastics, Sparta, NJ, a leading manufacturer of single-use bio-process components and systems including fittings, tubing, single-use assemblies, and fabrication.

TBL represents a strategic acquisition for Q’s Biopharma Business, creating a flexible and multi-faceted biopharma component and single-use assembly manufacturer with North American and European production and distribution centers.

Together, Q and TBL will offer an in-depth suite of development and manufacturing services, material technologies, and industry expertise. The combined business will also offer complete product lifecycle management with cleanroom assembly and packaging services.

Thomas J. Hook, Chief Executive of Q, commented: “We are delighted to have reached this agreement to purchase TBL. The businesses are highly complementary and the acquisition represents a critical milestone in building Q’s Biopharma Business. It will significantly enhance the value we can deliver to our North American customer base.”

P. Robert DuPont Jr., CEO of TBL, added, “We are excited to be working with Q to build an industry-leading Single-Use Technology (“SUT”) business. Q’s operational excellence, synergistic capabilities, and silicone products are powerful resources. Combined with TBL’s portfolio of other non-metallic products and services for the biotech industry, our companies are strategically aligned as key players in the industry. The alignment will benefit our customers by providing them with a greater global network, product development, and manufacturing capabilities.”

Richard Relyea, Managing Director 3i North America, commented: “3i is pleased to support Q in this strategic acquisition of TBL. The combination further supports our commitment to expanding our offering in the biopharma market. We will continue to invest to further expand our capabilities, geographic footprint and differentiated products to better support our global customer base.”

About Q

Q provides world class engineered and elastomeric solutions for the global life sciences, automotive, and industrial markets. With Centers of Excellence in North America, Mexico, Europe, the Middle East, India and China, Q goes to market in the life sciences as Silicone Altimex and Q Medical Devices (Qure, Degania, Biometrix, Arthesys) and in electrical management as Quality Synthetic Rubber (QSR).

About TBL

TBL Performance Plastics manufactures non-metallic single-use products tailored for biopharmaceutical manufacturers, CMOs, drug development companies and related OEMs. TBL offers industry-leading expertise in developing non-metallic fluid transfer and storage products with a heavy focus on quality, regulatory compliance, and meeting the application-specific needs of our clients.

 

Media Contact:
Gwen Hostnik
Marketing & Communications Manager
+1 440-903-1843
[email protected]

- Read less

 

Published by Qure Medical™ on Oct 04, 2019

 

Qure Medical™

T: +1 (330) 888-9840

Address
32125 Solon Road, Suite 100, Solon, Ohio, 44139, United States
View map

 

Qure Medical™

T: +1 (330) 888-9840

Address
32125 Solon Road, Suite 100, Solon, Ohio, 44139, United States
View map

 

Global Headquarters
32125 Solon Road
Suite 100
Solon, OH
44139
United States
T +1 440-903-1827

In-House Tooling & Automation
3565 Highland Park Street NW
North Canton, OH
44720
United States
T +1 330-305-1040

Qure Medical – China
No. 1 Building E Section
Junda Industrial Zone, Dongkeng District
Dongguan City
Guangdong Province
523457
China
T +86 138 1713 6855

Qure Medical – China Technical Sales
1102C, T4 Building, Powerlong City
399 Xinlong Road, Minhang District
Shanghai
201101
China
T +86 138 1713 6855

Qure Medical – Rock Hill
663 Bryant Blvd.
Rock Hill, SC
29732
United States
T +1 803-366-7036

Qure Medical – Sturtevant
1810 Renaissance Blvd.
Sturtevant, WI
53177
United States
T +1 262-417-1307

Qure Medical – Twinsburg
1700 Highland Road
Twinsburg, OH
44087
United States
T +1 330-425-8472