Degania Medical

Company Overview

Snapshot

Founded in January 1984, Degania Medical operated with 51–200 employees and was acquired by Q Holding Company in November 2016. The company had secured funding from Viola Growth prior to its acquisition.

Business overview

Degania Medical specializes in the production of custom silicone products and components through its subsidiary Degania Silicone. The company also manufactures PTCA/PTA balloon catheters and stents via Arthesys SAS, and medical devices for critical care and operating rooms through its majority-owned subsidiary, Biometrix Ltd. Degania Medical provides contract manufacturing for critical medical device components and finished products in sterile packaging with private labels, serving the medical devices industry within the Health Tech & Life Sciences sector across global markets including France, India, the Netherlands, Germany, and the United States.

Strategic signal

In November 2016, Degania Medical was acquired by Q Holding Company, a significant strategic move that integrated its specialized medical device manufacturing capabilities into a larger corporate structure. This acquisition positioned Degania Medical to potentially expand its reach and leverage new resources under Q Life Sciences, a division of Q Holding Company, indicating a consolidation within the medical device sector.

Company Intelligence Q&A

When was Degania Medical acquired?

Degania Medical was acquired by Q Holding Company in November 2016.

What was the nature of the acquisition by Q Holding Company?

In November 2016, Q Holding Company acquired Degania Medical, integrating its operations into Q Life Sciences.

Which company did Degania Medical acquire in May 2012?

In May 2012, Degania Medical acquired Biometrix, a startup specializing in medical devices.

What was a key strategic agreement for Degania Silicone in February 2017?

In February 2017, Degania Silicone entered into an agreement with Control Flo Medical, focusing on medical design and manufacturing.

Which investor participated in a funding round for Degania Medical in November 2010?

In November 2010, Viola Growth participated in a funding round for Degania Medical.