Adds balloon forming, pleating & folding, and stent crimping to its catheter manufacturing equipment portfolio.
Medical Manufacturing Technologies (MMT)
Expands Catheter Manufacturing Solutions
With MPT Acquisition
Charlotte, NC, USA – May 16, 2022 – Medical Manufacturing Technologies (“MMT”), a portfolio company of Arcline Investment Management and a leading, global provider of medical device manufacturing solutions, today announced the expansion of its catheter manufacturing solutions offering with the acquisition of Medical Production Technology Europe (“MPT”).
MPT provides equipment and process development services centered on balloon forming, folding and pleating, thermal bonding, and stent crimping solutions.
“We’re excited to welcome the MPT team into the MMT family. The acquisition of MPT supports our premier catheter manufacturing solutions portfolio and enhances our ability to serve our customers globally,” said Robbie Atkinson, CEO of MMT. “This acquisition is another step in our goal to provide cutting-edge medical device manufacturing solutions along the catheter manufacturing continuum and beyond.”
As a leading provider of high-precision manufacturing solutions for complex medical devices, MMT offers its customers a broad portfolio of technologies used to develop medical catheter and guidewire devices used for minimally-invasive procedures. Its robust offering expands beyond equipment and technologies to proof-of-concept partnership, process development and TotalCare aftermarket support and services.
“I founded MPT to impact the medical device manufacturing market and am excited to share our innovative technology, processes, and production with a larger customer base as part of the MMT family. I am certain this step will benefit our current and future clients,” said Jurgen de Vries, CEO MPT Europe.
MPT will continue to operate at its Netherlands location as it supports MMT’s growing global footprint with operations and service in Europe, Asia, and the Americas.
ABOUT MMT
Medical Manufacturing Technologies (“MMT”) is a vertically integrated business serving the medical device manufacturing industry and beyond. The company offers process development, applications and equipment, technical solutions, and aftermarket support. MMT brands include Glebar, Tridex, SYNEO, CATHTIP, Engineering By Design, and R&D Engineering. For more information about MMT and its subsidiaries, visit www.cathtip.com.
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