New M&A Heats Up the CMDO Space
Sanner Group said it has acquired Springboard, a specialist in the design and development of medical devices for regulated markets.
January 3, 2024
Sanner Group, a healthcare packaging manufacturer and medical device Contract Development and Manufacturing Organization (CDMO), has acquired Springboard, a specialist in the design and development of medical devices for regulated markets.
The acquisition of Springboard is in line with Sanner Group’s goal to build a suite of services for its customers across the drug delivery, diagnostic, and medtech device sectors.
Sanner Group said Springboard’s extensive capabilities will substantially boost its in-house medical device development capabilities and help with the establishment of a new Design Center of Excellence in the UK.
Hans-Willem van Vliet, CEO of Sanner Group, commented: “Sanner Group has transformed from a market leader in desiccant closures and effervescent tablet packaging, to a sought-after provider of customer-specific solutions in the fields of medical technology, diagnostics, pharmaceuticals, and consumer healthcare.
The acquisition of Springboard further strengthens this offering, giving our customers deep expertise and support across the entire medical device development process, from initial concept design to commercial manufacturing.
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