Martin Streng, Managing Director of MediTec Source (centre) with Eleanor Freeman, Kaleidex Integration Manager (left) and Max Vollenbroich, Director of M&A for Germany (right)
Martin Streng, Managing Director of Meditec Source (centre) with Eleanor Freeman, Kaleidex Integration Manager (left) and Max Vollenbroich, Director of M&A for Germany (right)

“We’re delighted to welcome Martin and the Meditec Source team to Kaleidex,” said Gavin Meadows, CEO of Kaleidex. “This acquisition represents an important milestone as we establish our first presence in Germany and expand into one of Europe’s most respected medical technology regions. Martin and his team bring deep regulatory expertise alongside long-standing relationships across the surgical instruments value chain. Their capabilities are highly complementary to the strengths we have built in the UK and accelerate our ability to support customers with truly end-to-end medical device solutions.”

“We’re proud of what the Meditec Source team has built over the last 15 years,” said Martin Streng, Founder and Managing Director of Meditec Source. “Joining Kaleidex allows us to retain the values and expertise that have made us successful while giving our customers access to a broader range of specialist capabilities and a clear path to scale our own services. We’re looking forward to working together to help even more medical device companies bring innovative products to market while continuing to deliver for the customers who have trusted us over many years.”

Meditec Source will continue to operate from its existing site in Tuttlingen. Martin Streng will remain in his role as Managing Director, leading the business through the integration phase and supporting the next stage of growth. Meditec Source will continue to serve its existing customer base across Europe, North America and Asia without interruption.

This acquisition forms part of Kaleidex’s strategy to bring together specialist medical device manufacturers and service providers, creating a connected network that combines manufacturing expertise, regulatory excellence and collaborative innovation to help customers accelerate the development and commercialisation of medical technologies.

Kaleidex is a Contract Manufacturing Organisation (CMO) bringing together specialist medical device manufacturers and service providers to help customers accelerate the journey from concept to commercialisation.

Kaleidex, backed by private equity firm Ansor LLP, acquires and integrates high-performing medical manufacturing companies, creating a connected network of expertise that helps customers streamline development, reduce complexity and accelerate routes to market.  The group’s portfolio includes Kirkstall Precision, Oracle Precision, OxDevice, Serrations and now Meditec Source.

Founded in 2011 and located in Tuttlingen, Germany, Meditec Source GmbH & Co. KG supports medical device manufacturers through three integrated service pillars: instrument development, sourcing and project management. The company’s technical focus lies in orthopaedics, traumatology and spine surgery, serving customers across Europe, North America and Asia. Meditec Source is certified to DIN EN ISO 13485:2016 and under Annex IX, Chapters I & III of Regulation (EU) 2017/745 on medical devices.