MMT Acquires Somex Automation

Perimeter Solutions Completes Acquisition of Medical Manufacturing Technologies (MMT)

January 22, 2026

Medical Devices

Perimeter Solutions, Inc. (NYSE: PRM) completed its acquisition of Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash, including certain tax benefits. The transaction was financed with cash on hand and proceeds from a senior secured notes offering that closed on January 2, 2026.

Medical Manufacturing Technologies (MMT) Acquires Innova Design, Inc.

August 25, 2025

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired Innova Design, Inc., a pioneer in laser bonding equipment for catheter and interventional medical device manufacturing. The acquisition expands MMT’s bonding technology suite—adding Innova’s laser bonder platforms and related capabilities—to better serve medical device OEMs globally.

Medical Manufacturing Technologies Acquires Comco

June 24, 2025

Manufacturing

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired Comco, a leader in micro-precision sandblasting and the maker of the MicroBlaster. The add-on expands MMT's abrasive technology and microblasting capabilities to better serve medical device, microelectronics and aerospace customers.

Medical Manufacturing Technologies (MMT) Acquires Mayer Engineering (FEPeeler)

April 14, 2025

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired Mayer Engineering, the maker of the FEPeeler line of heat-shrink removal and braided catheter cutting tooling. The add-on deal expands MMT’s catheter manufacturing tooling and cutting capabilities to improve production efficiency, safety, and throughput for medical device customers.

Medical Manufacturing Technologies (MMT) Acquires GenX Medical

January 30, 2025

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired GenX Medical, a U.S.-based supplier of micro-bore tubing, bioresorbable extrusions and custom medical extrusions. The add-on strengthens MMT's extrusion and specialty manufacturing capabilities, integrates GenX's team into MMT's technical leadership, and expands MMT's end-to-end medical device manufacturing offering.

Medical Manufacturing Technologies Acquires R&D Engineering from Biomerics

December 17, 2021

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired R&D Engineering from Biomerics to expand its catheter manufacturing and automation technologies. R&D Engineering will continue to operate in Brooklyn Park, Minnesota, and the acquisition strengthens MMT's end-to-end medical device manufacturing solutions; Cowen served as financial advisor to MMT.