Teleflex Marine to continue under same name
LITCHFIELD, Ill. — Following its acquisition by Miami-based H.I.G. Capital, Teleflex Marine of Illinois will continue to operate as Teleflex Marine and Sierra, according to a release from the company.
Plants and facilities in Limerick, Penn.; Litchfield, Ill.; Vancouver, British Colombia; as well overseas operations in Australia, Singapore and New Zealand will remain operational. Also, all of Teleflex Marine’s sales representatives and customer service contacts remain the same.
“We are excited to team up with H.I.G. to grow our business and build on our market leading positions. As an independent entity, we will maintain our commitment to delivering the highest quality products and services to our customers,” Yvan Cote, CEO of Teleflex Marine, said in a statement.
H.I.G. specializes in providing capital to small- and medium-sized companies with strong management teams and attractive growth potential.
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