Paragon Medical Announces Acquisition

Paragon Medical has announced that it has signed an agreement with Michael Bubolz GmbH to acquire its medical device business segment. Headquartered in Germany and with a facility in Poland, Michael Bubolz manufactures close tolerance surgical components and also provides complete sterile pack products. The medical device business will be consolidated into the current facility in Poland, and will employ over 200 people and occupy over 40,000 square feet.