SWM has united leading suppliers in the medical industry to provide customers with a one-stop shop for the most advanced, high-quality solutions available.
The name SWM might be relatively new to the medical industry, but the product solutions and manufacturing expertise that the company offers are time-tested, proven components used in some of the world's leading medical brands. That's because SWM has brought together some of the top suppliers in the industry under the SWM umbrella to create a unified, global leader in the manufacture of medical components. With a history that dates back to the Renaissance as expert paper manufacturers, SWM has diversified its product portfolio and customer base in recent years, expanding its fibre-based manufacturing capabilities to include a variety of resin-based technologies and products. This expansion was done through a series of strategic acquisitions to establish and grow the company's advanced materials and structures (AMS) segment, with annual revenues of well over $400 million. Key acquisitions have included DelStar Technologies in 2013, Argotec in 2015 and Conwed Plastics, which closed in early 2017.
Frédéric Villoutreix, chairman and CEO, comments, "Our plans to rebrand Argotec, DelStar and Conwed this year as SWM represents the next phase of our transformation, and illustrates our 'One Company' strategy to leverage our enterprise capabilities and international presence. By unifying our brands under the SWM banner, we not only build the value of our enterprise, but we ultimately position ourselves to more effectively serve our customers as a single-source provider of world-class films, nets and nonwovens, and, of course, papers."
SWM's line of engineered composites and breathable flexible films, based on TPU technology, are suitable for many advanced wound-care applications such as post-op dressings, IV dressings, incise drapes, NPWT drapes and hydrocolloid backings. The company's Stratex Engineered Composite line is most widely known for its use as pad stock in world-leading brands of finger bandages.
In addition, SWM offers self-adhering, absorbent, waterproof polyurethane foams and gels that allow painless removal from skin. Leveraging its custom-engineering capabilities, the SWM team can vary the level of adhesion, thickness, absorption and clarity to fit individual customer specifications. The foams and gels are a preferred option for the treatment of low to high-exuding wounds and scar reduction.
"We are fortunate that the companies we have acquired have strong relationships with customers. These partnerships have been built over time through innovative solutions, excellent product quality and personal service that our teams have consistently delivered," says Dano Lister, executive vice-president, advanced materials and structures. "These trusted partnerships are cornerstones of our business, and will continue to be as we expand our enterprise and continue to evolve. While there may be some account realignment as we unify our commercial teams, overall, we expect account service to continue with minimal adjustment.
Going forward, we intend to continue our strategic investment in innovation initiatives, as well as maximising our expanded global presence to enhance the range and quality of solutions and services we bring to our customers."
The manufacturing expertise of these companies will allow SWM to develop and manufacture even more innovative solutions for its medical customers.