Charlotte, North Carolina-based Medical Manufacturing Technologies (MMT) has acquired Confluent Medical Technologies‘ equipment manufacturing group. Terms of the deal were not disclosed.
Medical Manufacturing Technologies, a portfolio company of Arcline Investment Management, is a global provider of medical device manufacturing solutions.
Confluent Medical Technologies’ equipment manufacturing group includes its balloon-forming equipment manufacturing as well as its testing and catheter manufacturing equipment capabilities. Confluent’s equipment manufacturing group will be rebranded as Interface Catheter Solutions. As part of the acquisition, MMT will continue manufacturing Interface solutions at the Laguna Niguel, California, facility.
According to the LevinPro HC database, this was the 102nd Medical Devices transaction of 2022. This compares with 105 Medical Devices deals reported between January 1, 2021, and November 7, 2021.
