Announced
Completed
Financials
Sources
Tags
United States
medical equipment
Private Equity
Friendly
Single Bidder
Private
Completed
Medical Equipment
Acquisition
high-precision components
Majority
Synopsis
The Jordan Company-backed ARCH, which manufactures high-quality cutting tools, medical instruments and implants, completed the acquisition of MMi Sonora, which manufactures high-precision components and assemblies primarily for the medical market. Financial terms were not disclosed. "The timing is right for MMi to join forces with ARCH Medical Solutions, a growth-oriented strategic partner and this move will be beneficial for our employees and our loyal customers. ARCH shares the vision and core values that we live by every day at MMi, and we are looking forward to our partnership with the ARCH team," William McDonald, MMi Co-Owner.
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