Med-Tech Innovation January 2, 2024
EQT X fund has entered into an agreement to acquire Zeus from the Tourville family. Founded in 1966, Zeus is a specialist in the design, development, and extrusion of fluoropolymer tubing for medical devices and select industrial applications.
EQT also announced that John Groetelaars, former CEO of Hillrom and EQT industrial advisor, will serve as Zeus’ executive chairman upon closing of the transaction.
For more than 50 years, Zeus has delivered components to improve the efficacy and performance of catheters, which are used in minimally invasive medical procedures among other applications. The company is headquartered in Orangeburg, South Carolina, with eight facilities across the United States and one in Letterkenny,...