Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a provider of medical device manufacturing solutions, has expanded its catheter manufacturing solutions offering with the acquisition of Medical Production Technology Europe (MPT).
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MPT provides equipment and process development services centred on balloon forming, folding, and pleating, thermal bonding, and stent crimping solutions.
Robbie Atkinson, CEO of MMT, said: "We’re excited to welcome the MPT team into the MMT family. The acquisition of MPT supports our premier catheter manufacturing solutions portfolio and enhances our ability to serve our customers globally. This acquisition is another step in our goal to provide cutting-edge medical device manufacturing solutions along the catheter manufacturing continuum and beyond."
As a provider of high-precision manufacturing solutions for complex medical devices, MMT offers technologies used to develop medical catheter and guidewire devices used for minimally invasive procedures. Its offering expands beyond equipment and technologies to proof-of-concept partnership, process development and TotalCare aftermarket support and services.
Jurgen de Vries, CEO MPT Europe, said: "I founded MPT to impact the medical device manufacturing market and am excited to share our innovative technology, processes, and production with a larger customer base as part of the MMT family. I am certain this step will benefit our current and future clients.”
MPT will continue to operate at its Netherlands location as it supports MMT’s growing global footprint with operations and service in Europe, Asia, and the Americas.
