HIG-backed Formerra completed the acquisition of Total Polymer Solutions.

HIG-backed Formerra, a distributor of engineered materials, completed the acquisition of Total Polymer Solutions, a distributor of polymer materials and technologies. Financial terms were not disclosed. “Total Polymer Solutions will enable Formerra to strengthen its global healthcare distribution platform while building on both companies’ shared capabilities around rapid product development, innovation, and regulatory support. This acquisition enables us to better serve our global healthcare customers in Europe with streamlined supply chain management and faster go-to-market support, driving significant value for all stakeholders,” Cathy Dodd, Formerra CEO.