13 November 2023 - Plastiflex Group signs an agreement to acquire R-Vent Medikal

13 November 2023 - Plastiflex Group signs an agreement to acquire R-Vent Medikal

Plastiflex Group N.V. (“Plastiflex“, “Plastiflex Group“ or “the Group“) has signed an agreement to acquire R-Vent Medikal ( “R-Vent“ or “the Company“) a leading healthcare company in the respiratory care field

Plastiflex is a world leader in the production of tubing systems and components for medical and industrial applications.
R-Vent Medikal is a health care medical device company based in Izmir, Turkey that is specialised in the production of single use breathing systems such as breathing circuits, filters, catheter mounts, closed suction sets and all other accessories for the respiratory care markets with a key focus on the anaesthesia market.

The manufacturing facility in Izmir will become the European healthcare manufacturing hub for the Plastiflex respiratory care business.

As a result of the partnership with R-Vent, the combined Group will offer a broad range of respiratory care solutions such as breathing circuits, catheter mounts, breathing filters, masks, this in addition to the current Plastiflex range of spiral winded tubing solutions. Within the respiratory care market, the Plastiflex & R-Vent combination will have strong positions in the sleep, the ventilation, and the anaesthesia markets.  

The Group will have nine manufacturing facilities across the world with 4 dedicated health care operations in North America (Mexico), EMEA (Germany and Turkey) and Asia (China).

Mr Tayfun Önur, one of the shareholders and the current Managing Director of R-Vent remains in place and has re-invested in the Plastiflex Group where he will also assume additional responsibilities.

Piet Gruwez, CEO of Plastiflex, commented: “We are very excited about R-Vent joining the Plastiflex Group. We are confident that this partnership will provide both operational and commercial benefits to all customers thanks to the expanded product range and the global manufacturing footprint with additional clean room production capacity. “

Tayfun Önur, Managing Director of R-Vent Medikal, added: “We are very happy about the further development of R-Vent Medikal within this strategic partnership with Plastiflex and we are convinced that, together, we will be able to offer a further enhanced product portfolio to our customers in Europe and in other parts of the world. “

About Plastiflex

Since its foundation in 1953, Plastiflex Group NV (“Plastiflex”, “Plastiflex Group” or “the Group”) has become one of the world's leading suppliers of components and customised tubing systems for customers in the medical and industrial technology sectors. The Group is globally active and employs more than 1,000 people across its eight international production sites and other subsidiaries.

About R-Vent

Established in İzmir, Turkey, RVENT Medikal stands as one of the distinguished leaders in the realm of disposable medical devices, exporting to 95 different countries with 100 employees. Unwavering commitment to excellence and innovation shines through in their range of solutions, meticulously crafted for airway management, anesthesia, critical care, and oxygen & aerosol therapy.

From emergency care to the reassuring comfort of homes, all the products have undergone meticulous clinical testing, assuring the patient of their safety and efficacy.

Manufacturing processes, including extrusion, ultrasonic welding, moulding, assembly, packaging, and injection, are conducted within class 10.000 and 100.000 cleanrooms including in-house Sterilization facilities.

About Plastiflex

For over 70 years, Plastiflex has been a global leader in plastic hoses and hose systems for various end-uses.

 

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