ICG-backed Seaway Plastics Engineering completed the acquisition of MME Group.

ICG-backed Seaway Plastics Engineering, a provider of injection-molded engineered components and value-added services to the medical device, healthcare, specialty industrial, A&D, and other end markets in the United States, completed the acquisition of MME Group, a full-service contract manufacturer based in Minnesota that provides injection molding, engineering, tooling, and assembly for FDA-regulated medical and other regulated highly engineered products. Financial terms were not disclosed. "We are thrilled to have MME and its exceptional team join our business. The strategic combination of MME with Seaway enhances the strengths of both businesses and enables us to expand sales coverage and production capacity. Together we are better equipped to service the growing needs of device manufacturers," Tom Orr, Seaway President and CEO.