The acquisition will allow the Chennai-based Trivitron to get a 7 acres campus with 25,000 square feet of production space in Scottsboro, Alabama. Trivitron said it intends to use the campus as the manufacturing hub for the US operations.
Medical devices maker Trivitron Healthcare, on Wednesday said that it has acquired US-based the Kennedy Company, a leading manufacturer of radiation protection X-ray shielding material and acoustic barrier products.
Trivitron didn't disclose the financial details of the deal.
The acquisition will allow the Chennai-based Trivitron to get a 7 acres campus with 25,000 square feet of production space in Scottsboro, Alabama.
Trivitron said it intends to use the campus as the manufacturing hub for the US operations.
"The campus will soon house multiple manufacturing and R&D facilities focusing on Trivitron’s core segments such as medical imaging, in vitro diagnostics, intensive care and cardiology equipment and consumables.
The Kennedy Company founded by physicist David Kennedy in 1976, who worked on developing innovative acoustic barriers for NASA.
“We intend to further strengthen the robust foundation created by
David Kennedy and his team with Trivitron’s global presence, infrastructure, and robust manufacturing," said Commenting on the acquisition, GSK Velu, chairman & managing director of Trivitron.
Post integration, the new entity would become a part of Trivitron Healthcare Americas, operating as Kennedy Vinyl for the existing x-ray shielding and acoustic noise control business and Kennedy Radiology for radiation protection products manufactured in the US.
The organization would be led by Mr. Sesh Sarathy, who spearheaded Trivitron Group's M&A efforts in North America, as president, sales and business development.
Trivitron has an active presence in over 180 countries, along with R&D and manufacturing presence in India, US, Finland, Turkey, China and Austria. The company manufactures medical imaging, in-vitro diagnostics, radiation protection, newborn screening, critical care and cardio-respiratory Solutions. Trivitron operates 15 manufacturing facilities across the world.
About The Kennedy Company
The Kennedy Company was founded in 1976, by David R. Kennedy, a physicist educated at the University of London and employed on the Saturn Rocket Project at the Space Technology Centre in Huntsville, Alabama. During this time, he worked on developing innovative acoustic barriers for NASA, which ultimately led to the founding of the Kennedy Company. Subsequently, David expanded the business to its current location in Scottsboro, Alabama, spread on a sprawling campus of 7 acres with over 25,000 square feet of production space.
David, along with his daughter Sarah Kennedy Precise and her husband Kenneth Precise, have spent the last couple of decades growing the Kennedy Company, branching into X-Ray Shielding products, and establishing Kennedy as high-quality manufacturer.
In late 2021, The Kennedy Company became part of the Trivitron Group, a well-established multinational medical device conglomerate. With the continued involvement and close association of the Kennedy family, Trivitron intends to fully support all existing operations and further expand manufacturing capabilities and develop a cutting-edge Technology Park in Scottsboro, Alabama focused on the latest advancements.