The Magstim Company Ltd acquires Seren Medical Ltd
Cardigan based medical device distributor Seren Medical Ltd becomes part of the Magstim Company Limited.
Magstim, an innovative & award winning Wales-based medical device manufacturer, has acquired Seren Medical Ltd a Cardiganshire based medical device distributor.
As of April 24th 2013 The Magstim Company Ltd was successful in acquiring Seren Medical Ltd, a privately owned medical device distributor based in Cardigan, West Wales. Founded in 2003, Seren Medical, owned by Dr Catherine Davies and Mr Robin Davies specialised in the sale of equipment in the neuro-imaging, stimulation and monitoring environments.
By joining The Magstim Company Ltd, Seren Medical will transfer its exclusive distribution rights for Neurosurgical Navigation and Imaging; Pre-surgical mapping products of Sonowand and ANT Visor respectively. After a record breaking turnover for 2012/13, The Magstim Company will look to significantly increase sales with the acquisition of Seren and its product range.
“The acquisition of Seren Medical by Magstim is a fantastic opportunity to align synergetic neurological products into market, contributing to Magstim’s ambitious plans for growth.” – Mr Robin Davies.
Magstim is renowned in its field as the manufacturer of the most widely-used TMS (Transcranial Magnetic Stimulation) Stimulator in the world. These stimulators are used by neuroscience researchers to investigate the connectivity of the brain, with results that have implications for the diagnosis and treatment of Multiple Sclerosis, Central Motor Disorders, Motor Neurone Disease and Spinal Injury. Magstim is also responsible for the Neurosign range of intra-operative monitors and accessories, which are routinely used by ENT (Ear, Nose and Throat) surgeons to protect vital facial nerves during complex surgery.