Elos Medtech – 100 Years of Committed Partnership

Today's Elos Medtech Group is the result of several strategic acquisitions and rebrandings. Join us as we take you on a journey spanning a century, tracing our evolution to become your trusted partner from development to delivery:

1923

The Beginning

The Beginning
Aktiebolaget Götene – Träindustri was born on June the 9th 1923. The history of our company started in the wood industry, repairing forestry equipment in a remote corner of Sweden.
1950

Entering the Healthcare market

Entering the Healthcare market

As the world passed the mid-point of the 20th Century, the company management recognised that their sophisticated skills and unique experience in precision engineering could be used to meet the overwhelming challenges within global healthcare.

1975

Ground-breaking Innovation: Osseointegration

Ground-breaking Innovation: Osseointegration

In 1975, we collaborated with Professor Per-Ingvar Brånemark on a project to develop osseointegration and manufactured the first dental implant for Brånemark.

1989

The listing on NASDAQ OMX Stockholm

The listing on NASDAQ OMX Stockholm

After several name changes, in 1989 the former Aktiebolaget Götene now called Westergyllen enters the Nasdaq OMX Stockholm stock exchange in Sweden to collect funding for growth and acquisitions.

1992

Acquisition of the Timmersdala facility

Acquisition of the Timmersdala facility

The first important acquisition by Westergyllen is Elos AB, paving the way for increased focus on the healthcare area as contract manufacturer.

2005

Acquisition of Pinol A/S

Acquisition of Pinol A/S

To reinforce the expertise and capability in precision manufacturing, Westergyllen acquires the Danish Pinol A/S in 2005 to complement Elos Medtech’s operations. The company becomes one of Europe’s largest players in precision-mechanical components within the medical technology field. Discover more here…

2008

Westergyllen listed in the stock market under the Health Care category

Westergyllen listed in the stock market under the Health Care category

On February 4th, 2008, AB Westergyllen became publicly traded on Nasdaq OMX Nordic under the Health Care category, opening doors to healthcare investors. Discover more…

2008

Westergyllen becomes Elos AB

Westergyllen becomes Elos AB

In May of the same year the new strategic intent of the Company is re-defined with a clear focus on precision applied to medical technology. The Company changed the name to Elos AB emphasizing this new direction. Discover more…

2009

Elos AB Group enters the Chinese market

Elos AB Group enters the Chinese market

Expanding a cooperation with Novo Nordisk started in 1985 for the development and production of mechanical components, Elos signs a new agreement to participate in the creation of a new facility in Tianjin, China. Following this agreement, Elos Group establishes commercial operations in the Chinese market. Discover more…

2010

Elos Medtech Rebranding

Elos Medtech Rebranding

To further clarify the focus on precision medical technology, the group embraces the name Elos Medtech with a split into 3 divisions: Dental, Orthopedics and Medical Device. Discover more…

2011

Elos Medtech acquires Microplast AB

Elos Medtech acquires Microplast AB

The acquisition of Microplast AB, a Sweden-based company specialized in injection-molding for medical devices, complemented the precision-mechanics expertise in the medical technology business area.

2014

Elos Medtech becomes 100% Medical

Elos Medtech becomes 100% Medical

As a completion of the direction started 50 years before the executive board finalised the divestment of the metrology division, fully focussing on medical device and medical technology.

2015

Acquisition of Onyx Medical Corporation, USA

Acquisition of Onyx Medical Corporation, USA

The acquisition of Onyx Medical complemented Elos’ range of services and strengthened the Group’s global footprint with facilities in Europe, Asia and the USA.

2016

Elos Medtech expands Skara facility

Elos Medtech expands Skara facility

Following the increasing demand for injection-moulded plastic components Elos Medtech expands the production of Skara’s production site by 1500 square meters to double the production capacity. Discover more…

2019

Elos Medtech Memphis expansion

Elos Medtech Memphis expansion

By doubling the manufacturing space and heavily investing in high-tech equipment for the Memphis site, Elos significantly increased its capacity to support customers in the global orthopedic market. Discover more…

2023

100 years, and we’re just getting started…

100 years, and we’re just getting started…

The knack for precision that got us started, now permeates everything we do. In strong collaboration with our customers, we drive progress and advance medical devices within dentistry, orthopedics and life science – helping more people every day, in more places, regain functional abilities that restore their quality of life.

Precision, Innovation and Solid Partnerships: A Century-Long Commitment to Excellence

Commitment to precision and innovation remains our blueprint as we look toward the future. We continuously improve our production processes, prioritizing quality, cost-effectiveness, and reliable delivery. Through investment in advanced manufacturing technology, we refine our techniques and equipment, enabling us to enhance our offering to the medical technology industry.

Our Complete Performance™ reflects our century-long dedication to delivering comprehensive solutions to our partners.