Financial & Business, Supplier News

Innovize & Excel Scientific Acquire ZAC, an Irish Contract Manufacturer

Zenith Adhesive Components (ZAC) is a supplier to wound care and medical device makers, producing a variety of die-cut and slit adhesive components.

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By: Sam Brusco

Associate Editor

Innovize and Excel Scientific—a pair of private equity firm Vance Street Capital’s companies—have acquired Irish contract manufacturer Zenith Adhesive Components (ZAC).

ZAC was established in Athlone, Ireland in 2012. The company boasts technically sophisticated solutions for the medical, life science, and high technology sectors.

The company is a sub-supplier to manufacturers of wound care and medical devices, producing a wide variety of die-cut and slit adhesive components for medical use. ZAC touts ISO 9000 certification and a Class 100,000 cleanroom at its Athlone factory.

The range of its products’ potential applications include catheter retention, ostomy, infusion sets, anti-bacterial films, and many others.

“On behalf of the Zenith Adhesive Components team, we couldn’t be more excited to begin this next chapter,” said ZAC founder Pat O’Neill. “Our location and critical capabilities complement Innovize’s and Excel Scientific’s impressive portfolio of highly technical and class leading products—particularly in the Medical Devices and Technology segments. This move brings Zenith’s offering forward by a quantum leap into the future requirements of our industry to the great benefit of all our stakeholders.”

Innovize is a contract medical manufacturer of adhesive and film-based solutions for the diabetes, cardiac, neurological, surgical, and diagnostic sectors. The company joined Excel Scientific’s platform in 2022—Excel is a supplier of microplate sealing films and foils used in life science research, university and testing laboratories as well as biotech, pharmaceutical and diagnostic segments.

“We found the perfect partner, aligned with our strategy for customer focus, capabilities, and capacity,” said Julie Cameron, CEO of Innovize and Excel Scientific. “Pat O’Neill, Jonathan Whately, and their team possess critical expertise in an ideal location. Together we deliver sought after solutions with regional readiness across North America and Europe.”

“The combination of these three businesses enable the platform to better support their customers in the U.S. and abroad and further their market reach across the life sciences and medical end markets,” added Grady Miller, Principal, Vance Street Capital.

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