Vesta Acquired by Lubrizol Corp.

Lubrizol Corp. has acquired Vesta Inc., a medical device contract manufacturer. The acquisition, according to Lubrizol officials, broadens their company’s life-science manufacturing capabilities, applications and material portfolio with access to silicone and a variety of other thermoplastics used in medical devices.

Financial terms of the transaction were not disclosed. Lubrizol has been a supplier to Vesta providing thermoplastic urethanes.

Headquartered in Franklin, Wis., Vesta has three manufacturing locations in the United States and offers disposable silicone medical components, providing silicone molding, extrusion, sheeting, dip-casting and assembly services. As a full-service provider to medical device original equipment manufacturers, Vesta also supplies precision thermoplastic extruded tubing, assemblies and secondary operations to its medical device customers. Vesta has a history of medical design engineering experience with clinical device applications in cardiology, urology, wound care and bariatrics.

“The addition of Vesta significantly enhances our life-science offerings through the combination of strong polymer technology, applications know-how and world-class component manufacturing,” said Deb Langer, general manager, Lubrizol LifeSciences. “As medical device companies look for total-solution providers, the expertise and capabilities of Vesta give us the ability to provide a more valuable offering to these customers on a global basis.”

Previously owned by RoundTable Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, Vesta will now be part of Lubrizol Advanced Materials.


The Lubrizol Corporation, a Berkshire Hathaway company, is a specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel.

In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizol’s industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers’ products, while reducing their environmental impact.

Headquartered in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, in addition to having sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 7,500 employees worldwide. Revenues for 2013 were $6.4 billion.