Cadence Acquires ARC Group Worldwide's Florida (DeLand) Location
October 3, 2023
Cadence, Inc. acquired the Florida location of ARC Group Worldwide (ARC Florida) in DeLand, Florida. The acquisition adds Metal Injection Molding (MIM) and cleanroom plastic injection molding capabilities to Cadence’s medtech contract-manufacturing platform, expanding its vertical manufacturing services for medical devices, drug delivery and diagnostics.
- Buyers
- Cadence, Inc.
- Targets
- ARC Group Worldwide (Florida location)
- Sellers
- ARC Group Worldwide
- Industry
- Medical Devices
- Location
- Florida, United States
- Transaction Type
- Divestiture
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