Home / News / BeoCare, Fra Production form strategic alliance

BeoCare, Fra Production form strategic alliance

06 Sep '17

2 min read

BeoCare Group, one of the leading North-American manufacturers of knitted medical textiles, and Fra Production of Italy have entered into a strategic alliance. Under the deal, Fra Production has acquired a minority stake in BeoCare's capital through a capital increase, which will give BeoCare additional working capital to expand presence in US market.

Both companies will continue to operate in their respective markets under their own brand names. At the same time they will integrate their product portfolio and production capabilities in Europe and the US.

As a result of the alliance, BeoCare - which will become Fra's distributor in the US - will expand its product range, by offering Fra products such as the mesh fixation pants and the patented Surgifix tubular netting, as well as a wide range of bandages. BeoCare is expanding its manufacturing plant in Hudson, NC so it can manufacture more of these mesh fixation products in the US, under license from Fra Production.

At the same time Fra Production will become the sole European distributor for all BeoCare products, including seamless fixation pants, maternity and surgical garments and all elastic products, which were added to the BeoCare product offering since the acquisition of Shelby Elastics in 2014. "We believe this alliance presents a huge opportunity for both companies," says Fra Production's CEO Andrea Colombo. "It creates a truly global group, which will be able to better meet the global needs of our clients."

BeoCare, which employs 125 people in Hudson, is the leading domestic OEM contract manufacturer of knitted textile products for use in fixation, compression and support. BeoCare is certified ISO 9001 and ISO 13485 and counts some of the largest medical distributors in the US amongst its clients. "We are very excited about the new partnership with Fra," says BeoCare-CEO Peter Vanderbruggen. "It allows us to remain a US-based manufacturer, while at the same time being part of a larger multinational group with strong representation on two continents."

Fra Production Spa is a world leader in designing and manufacturing cutting-edge medical, food, agricultural, and industrial products. Having been on the Italian and international markets for over 55 years, Fra Production manufactures and supplies medical tubular elastic netting for dressing retention under its ground-breaking Surgifix patent, as well as elastic mesh pants and bandages. (SV)

Fibre2Fashion News Desk – India

Medical Textiles

Leave your Comments

RECOMMENDED

US’ Solesis appoints John Witkowski as president & CEO
Medical Textiles

FullCare Medical starts medical garment production in Tatu City, Kenya
Medical Textiles

US’ A.Celli starts slitter rewinder for Allmed Medical Products
Medical Textiles

Ascend showcases health care innovations at MD&M West in California
Medical Textiles

Mussel-inspired coating protects fabrics from infections: Research
Medical Textiles

Lovell partners with Incrediwear for better healthcare systems
Medical Textiles

Indian govt greenlights 11 technical textile projects worth ?103 cr
Medical Textiles

US-developed wearable robot prevents freezing in Parkinson's patients
Medical Textiles

BeoCare, Fra Production form strategic alliance

Leave your Comments

Weekly technical textiles newsletter

ABOUT TECHNICAL TEXTILES

Main LINKS

Quick Links

Follow us