GEON Performance Solutions Acquires Foster Corporation

GEON Performance Solutions announced its acquisition of Foster Corporation, a leader in biomedical polymers for healthcare and medical devices. This strategic move enhances GEON's portfolio, offering a full range of medical polymer solutions. GEON's CEO, Tracy Garrison, stated that Foster's 36-year legacy in innovative medical technology aligns well with GEON's objectives.

This acquisition marks GEON's fourth since 2020, following the acquisition of PolymaxTPE in December 2023. The addition of Foster bolsters GEON's presence in the medical market, where it already offers PVC and TPE solutions. Both companies are ISO 13485:2016 certified, underscoring their commitment to quality manufacturing.

Foster, headquartered in Connecticut, operates three manufacturing sites and two distribution centers in the U.S. As part of GEON, it will continue to serve the medical market, leveraging GEON's capabilities to meet diverse customer needs.