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Denville, NJ – Katena Products, a leading global provider of precision ophthalmic instruments, biologics, and devices to hospitals, surgical centers, and ophthalmic and optometric offices announces the purchase of Blink Medical Ltd, a UK-based provider of primarily single use ophthalmic instruments.
Founded in 2004, Blink Medical currently distributes its products within Europe and the Middle East.
“The acquisition of Blink Medical strengthens and expands Katena’s offering in high quality ophthalmic instrumentation. Single use instruments are important to our strategy and the addition of Blink also offers Katena the benefits of a physical presence in Europe,” said Mark J. Fletcher, CEO of Katena Products.
Roger Tyler, Founder and Managing Director of Blink Medical, adds, “The synergies created in the ophthalmic sector, by offering multiple instrument solutions to our customers will help both companies achieve their business objectives.”
About Katena Products, Inc.
Katena is a recognized worldwide leader in specialty surgical and consumable ophthalmic and optometric products. Katena markets a comprehensive line of surgical instruments, biologics, medical devices and optical lenses to physician offices, hospitals and ambulatory surgery centers through their direct salesforce and to international customers in over 110 countries through an extensive distributor network. Katena continues to strengthen its position in these key markets through organic growth and merger and acquisition strategies. For additional information please visit Katena’s About Us page.
Katena Products, Inc. is owned by Audax Private Equity, a Boston-based private equity firm. Audax Private Equity is an integral part of Audax Group, an alternative asset management firm specializing in investments in middle market companies. With offices in Boston, New York, and Menlo Park, Audax Group has over $10 billion in assets under management across its Private Equity, Mezzanine, and Senior Debt businesses.
About Blink Medical Ltd.
Blink Medical Ltd. was founded in 2004 as a disposable instrument company in the ophthalmic surgical space. The company's product portfolio focuses on single use surgical instruments and has expanded to include product offerings across multiple specialties including dermatology, ENT, cosmetic and plastic surgery. Blink also provides standard and custom procedural packs within its Ophthalmic and General surgical specialties. All instruments and packs are QC inspected and packed in Blink’s own class 8 clean room. Supplying NHS hospitals, private hospital groups and independent clinics, Blink also exports to over 20 countries worldwide.