FASTRON takes over RAPID Biomedical
RAPID Biomedical, a medtech company based in Rimpar in the German state of Lower Franconia, changed ownership. The existing five partners sold the medium-sized company to a private entrepreneur who produces components for the electronic industry.
RAPID Biomedical was founded in 1998 as a spin-off of Wurzburg University by the former Chair of Biophysics, Dr. Axel Haase, and his wife Ulrike Haase, a legal expert. In 2003 RAPID Biomedical was joined by Physicists Dr. Titus Lanz, Dr. Florian Odoj and Dr. Alexander Weisser as acting partners. In 2006 RAPID MR International was founded in Columbus, Ohio, in order to serve customers of the US market.
RAPID develops and produces high frequency coils for Magnetic Resonance Tomography (MRT). The range of potential applications includes clinical as well as pre-clinical examination methods. RAPID Biomedical coils are being used in MRTs of all renowned MRT equipment manufacturers. Its unique expertise in the production of client oriented solutions made RAPID a partner of many research groups around the world. Thus, since the founding of RAPID, over 1.000 various products were being developed and built, a substancial part of which has been approved for medical purposes. Due to the long-term-experience and the multidude of assignments, RAPID Biomedical is able to cater to the most demanding customer requests.
Both companies, RAPID Biomedical Germany, and the US-affiliate RAPID MR International, were now sold to the FASTRON group. „It was time for a generation change“, says Ulrike Haase who worked for 17 years as CEO for RAPID Biomedical. „I am happy that RAPID Biomedical remains in private hands and still serves as regional employer at Rimpar near Wurzburg. I am also delighted about the concurrent takeover of RAPID MR International.“ She also emphasizes the fact that „FASTRON will offer valuable experience in a highly efficient manufacturing technology field, thus being able to serve RAPID’s clients on an even more efficient level.“
FASTRON, with locations in Munich, Hungary and Malaysia, trusts in the creative expansion of their product range and is looking forward to multiple synergies due to the acquisiton of RAPID. FASTRON was founded in 1978 in Germany and Malaysia. Today FASTRON produces a broad range of inductors and coils for electronical uses, mainly for the automotive industry, high frequency and power supply industries as well as lighting and medical technologies. The company is run in second generation by Felix Faskerty out of Eastern Europe and Southeast Asia. „RAPID Biomedical is an ideal addition to the FASTRON group. The outstanding expertise of RAPID in the field of high frequency coils promises a great potential for future developments“ say FASTRON Boss Felix Faskerty. He adds: „The location in Lower Franconia and the sales unit in the United States are perfectly situated.“
The new managing director will be the physicist and previous sales manager of RAPID Biomedical, Dr. Florian Odoj.
For further information please check our websites www.fastrongroup.com or www.rapidbiomed.de
