Trivitron Healthcare acquires the USA based The Kennedy Company
Trivitron intends to fully support all existing operations and further expand manufacturing capabilities and develop a cutting-edge Technology Park in Scottsboro, Alabama
Trivitron Healthcare has acquired 100 per cent shareholding in the US-based, The Kennedy Company, a leading manufacturer of radiation protection X-ray shielding material and acoustic barrier products.
Trivitron Healthcare is committed to providing research-driven technologically advanced yet affordable healthcare products and with this acquisition, the company has further strengthened its manufacturing presence in the US.
With the continued involvement and close association of the Kennedy family, Trivitron intends to fully support all existing operations and further expand manufacturing capabilities and develop a cutting-edge Technology Park in Scottsboro, Alabama focussed on the latest advancements. The campus will soon house multiple manufacturing and R&D facilities focusing on Trivitron’s core segments – medical imaging, in vitro diagnostics, intensive care and cardiology equipment & consumables. The campus will act as the manufacturing hub for the United States of America operations of the Trivitron Group.
Commenting on the acquisition, Dr GSK Velu, CMD, Trivitron Healthcare said, “We are immensely pleased to welcome The Kennedy Company into the Trivitron Group. We intend to further strengthen the robust foundation created by David Kennedy and his team with Trivitron’s global presence, infrastructure, and robust manufacturing. This acquisition will make Trivitron one of the very few fully vertically integrated Radiation Protection Manufacturers in the world, with in-house capabilities for core material research and manufacturing, using cutting-edge material science and our radiation protection apparels and accessories manufacturing facilities with the most advanced manufacturing equipment, and products complying to ASTM and IEC standards. With this acquisition, Trivitron will now have a manufacturing and R&D presence in India, the US, Finland, Turkey, China and Austria.’’
Satyaki Banerjee, CEO – Medical Imaging, Trivitron commented, “The integration of The Kennedy Company into the Trivitron Group further strengthens our position among the global leaders in Radiation Protection. By augmenting the manufacturing experience of the Kennedy team with the deep technical know-how and regulatory focus of Trivitron, we can offer the widest selection of Radiation Protection and Medical Imaging Products globally.”
“We are delighted to join the Trivitron Group. I am confident that this merger will benefit both of us and the greater Huntsville area provides the perfect backdrop to expand skilled manufacturing,” said David R. Kennedy, Founder, The Kennedy Company.
Post integration, the new entity would become a part of Trivitron Healthcare Americas, operating as Kennedy Vinyl for the existing X-ray Shielding and Acoustic Noise Control business and Kennedy Radiology for Radiation Protection Products manufactured in the US. The organisation would be led by Sesh Sarathy, who spearheaded Trivitron Group’s M&A efforts in North America, as President, Sales and Business Development, and Sarah Kennedy Precise, who’s been a part of the Kennedy team for more than two decades, as President, Operations.
