ATL Technology LLC, a manufacturer of electrosurgical equipment, is expanding further into Latin America by acquiring MedConx Inc.
The Springville, Utah-based company currently has facilities across the U.S. and China, with one location in Costa Rica that includes distribution and engineering capabilities. By acquiring MedConx, ATL gains a manufacturing space in Costa Rica capital city San Jose.
Included in the deal are MedConx's other operations in Santa Clara, California where it is based. The acquisition capitalizes on the key strengths of both companies, according to Brad Brown, ATL chief executive.
For more coverage on M&A in Latin America, see the July 2015 cover story Land of Opportunity for M&A Pros.