Medical Manufacturing Technologies, a provider of medical device manufacturing services and a portfolio company of Arcline Investment Management, has purchased the equipment manufacturing group of Confluent Medical Technologies.
The purchase includes Confluent’s balloon-forming equipment manufacturing as well as its testing and catheter manufacturing equipment capabilities, which will be rebranded as Interface Catheter Solutions. MMT looks to support Interface Catheter Solutions through product innovation, integration within its equipment line and improving its position in the industry.
“The acquisition of the renowned Interface Catheter Solutions equipment line is a strategic investment that expands our ability to meet the growing needs of our customers,” comments Robbie Atkinson, CEO of MMT. “Globally recognized as the benchmark balloon catheter equipment platform, the Interface brand, and its dedicated team further strengthen our end-to-end catheter equipment manufacturing portfolio.”