Perimeter Solutions to acquire Medical Manufacturing Technologies from Arcline Investment Management for $685m.

Perimeter Solutions, a global solutions provider that produces high-quality firefighting products and lubricant additives, agreed to acquire Medical Manufacturing Technologies, a global provider of medical device manufacturing solutions, from Arcline Investment Management, a growth-oriented private equity firm, for $685m. “MMT is an excellent fit with our operating strategy. MMT serves a recurring and growing aftermarket, where it reliably provides highly engineered proprietary parts and consumables that are critical to zero-defect customer workflows and stringent regulatory standards. MMT has a strong track-record of organic and M&A driven growth, both of which we expect to continue,” Haitham Khouri, Perimeter Solutions Chief Executive Officer.