Fong's Engineering & Manufacturing Pte Ltd
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Fong's Engineering & Manufacturing Pte Ltd - overview
Established
1982
Location
-, -, Singapore
Primary Industry
Medical Devices & Equipment
About
Based in Singapore, and founded in 1982, Fong's Engineering & Manufacturing Pte Ltd is a manufacturing company that provides manufacturing services on a contract basis for medical device companies. The company was started as a manufacturer of metal components for organizations working in the electronics, defense, and oil & gas sectors, and later, changed its business to manufacturing medical devices and tools. Jeremy Fong is the current CEO of the company. Fong's Engineering provides design, manufacture, and repair services of primarily high-end medical devices, such as robotic systems and surgical power tools for the medical industry.
As of 2021, the company’s line of products includes pressure transducers, which are used for blood pressure measurements; multi-port robotic systems, which are used by surgeons to perform surgeries; and various types of surgical equipment such as couplers, which are useful for performing endoscopy procedures. Fong's Engineering also offers precision machining and fabrication services for medical devices to its clients base which includes healthcare companies such as Stryker Endoscopy, and TransEnterix Surgical, Inc.
Current Investors
Dymon Asia Private Equity
Primary Industry
Medical Devices & Equipment
Sub Industries
Surgical Devices, Diagnostic Equipment
Website
http://www.fongspl.com.sg/
Verticals
HealthTech, Manufacturing, Robotics
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Fong's Engineering & Manufacturing Pte Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Fong's Engineering & Manufacturing Pte Ltd | - |
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