Flambeau Medical Markets Group Partners with Two Styx Capital
Partnership to increase focus on engineering innovation, critical-to-function plastic injection molding and automation of finished devices for the medical/ life sciences industries
October 23, 2023 03:30 PM Central Daylight Time
PHOENIX, ARIZONA – Flambeau Medical Markets Group based in Phoenix, part of the Nordic Group of Companies, is pleased to announce its partnership with Two Styx Capital (TSC). The company will continue to operate as Flambeau Medical Manufacturing Solutions. TSC will contribute its medical device industry expertise, built over 20 years and focused on critical medical component manufacturing, while continuing to leverage Flambeau’s strong design, engineering, and manufacturing foundation.
All Flambeau Medical Manufacturing Solutions employees will continue in their roles. In addition, veteran medical device industry executive, David Mabie will join as Operating Partner/Executive Vice President along with several new executives from TSC, providing strength in business development, production management, operations, engineering, and automation.
“This partnership venture with TSC will enable Flambeau Medical’s Phoenix operation to excel in its support of medical device applications as we apply the expertise of TSC’s engineering innovation capacity and operational excellence. We look to further augment those capabilities through strategic investment in human capital as well as capital equipment.,” said Jason Sauey, Chairman of Nordic Group.
“The foundation Flambeau Medical has built over the past decade will allow TSC the opportunity to implement our manufacturing playbook which has proven successful in past investments, acquisitions and mergers.” said Rod Trujillo, Co-Founder, TSC. “We will remain focused on increasing innovation and manufacturing efforts in the life sciences industries, while strategically investing in both human capital and state-of-the-art equipment.”
About Flambeau Medical:
Headquartered in Phoenix, AZ, Flambeau Medical is a privately-held contract manufacturing organization (CMO) with a focus on quality, manufacturing, and automaton of highly engineered, difficult-to-manufacture, plastic components and finished assemblies serving the needs of the medical, life sciences, and pharmaceutical industries.
About Two Styx Capital:
TSC was founded in 2021 by Rod Trujillo and Casper Zublin upon the sale of the IRP Group (International Rubber Products Inc.) to IPS (Integrated Polymer Solutions) owned by Arcline Investment Management. TSC co-invests in businesses with operating executives allowing those executives to end up with a larger portion of equity through growth. TSC and the companies in which it invests focus on building long lasting relationships through which all parties are elevated from their experience together and the application of the “golden rule.” TSC believes in tackling the most difficult product/process challenges by hiring the best people, caring for our employees, partnering with our customers and investing heavily in technology to develop highly motivated, relational teams with the resources of the most advanced, state-of-the-art facilities.
Flambeau, Inc., a Nordic Group company established in 1947, is a thermoplastics manufacturer headquartered in Baraboo, Wisconsin. With certified facilities and sales offices throughout the United States, Mexico, United Kingdom, and in China, Flambeau serves many retail, commercial, and industrial markets, including contract manufacturing for key sectors of the automotive, fluids, and packaging industries. For further information on Flambeau’s capabilities, please visit www.flambeau.com.
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