ATL Technology Divests CRI Business Unit

ATL Technology, an interconnect development and manufacturing partner of top medical device firms, today announced the expansion of its Costa Rica operations and the divestiture of its Catheter Research Inc. (“CRI”) business unit to Biomerics. CRI, a manufacturer of interventional catheters and medical device assemblies with locations in Costa Rica and Indiana, was purchased by ATL in a joint venture with Biomerics in 2018. “Acquiring and running CRI enabled us to learn some valuable lessons about catheter development and manufacturing, which we can use to help our customers moving forward,” explained Brad. “We plan on investing the proceeds from the sale in our internal R&D and growth initiatives.”

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Source: https://www.prnewswire.com/news-releases/atl-technology-expands-operations-in-costa-rica-divests-cri-business-unit-300988070.html

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