Announced

Completed

Arcline Investment Management-backed Medical Manufacturing Technologies completed the acquisition of Somex Automation.

Synopsis

Arcline Investment Management-backed Medical Manufacturing Technologies, an American company providing manufacturing solutions for the medical device industry, completed the acquisition of Somex Automation, an Irish company that makes custom automation equipment for medical, pharmaceutical, and food industries. Financial terms were not disclosed. "This transaction allows MMT to seamlessly integrate our end-to-end medical device manufacturing to further support our customers on their quest to increase production and expand their ‘lights out’ operation capabilities. The Somex team’s expertise and history of implementation is an asset to our customers," Robbie Atkinson, Medical Manufacturing Technologies CEO.

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