Flexan, LLC

Founded in 1946, Flexan, LLC is a medical device manufacturer based in Lincolnshire, Illinois, specializing in custom solutions including molding, extrusion, assembly, and packaging for the healthcare industry. Flexan, LLC, established in 1946, focuses on custom manufacturing for medical devices. The company has successfully executed 2 deals, with the most recent occurring on July 26, 2021. It was acquired by ILC Dover, Incorporated, enhancing its capabilities in outsourced manufacturing.

Located in Lincolnshire, Illinois, Flexan operates under a management team dedicated to quality and customer service. The founder's details are not publicly disclosed. Flexan specializes in custom medical device manufacturing, offering services such as molding, extrusion, assembly, and packaging. Their products utilize silicone, rubber, and thermoplastic polymers to develop compliant, biocompatible medical devices for applications in vascular access, cardiology, oncology, neurology, and endoscopy.

Flexan serves a diverse range of healthcare technology firms across North America, Europe, and Asia, ensuring adherence to regulatory compliance and high industry standards. Flexan generates its revenue primarily through business-to-business transactions with medical device manufacturers. They engage in contractual agreements to produce custom medical devices, facilitating the FDA submission process. Their revenue model accommodates both one-time orders and longer-term contracts, with flagship offerings like Liquid Silicone Rubber (LSR) and High Consistency Silicone Rubber (HCR) components playing a crucial role in their financial performance.

Following its acquisition by ILC Dover, Incorporated in July 2021, Flexan aims to enhance its manufacturing platform focused on quality and customer service. Future growth plans include the development of new products tailored for advanced medical applications, targeting expansion into the European and Asian markets by 2023. The company will utilize resources from the acquisition to support these initiatives, positioning itself for sustained growth within the medical device manufacturing sector.