Arcline Investment announced it has entered into a definitive agreement to sell its portfolio company Medical Manufacturing Technologies to Perimeter Solutions (PRM) for $685M. Based in Charlotte, North Carolina, MMT is a provider of medical device manufacturing solutions. The company supports more than 1,000 customers in the production of interventional medical devices such as catheters, guidewires, stents, microcoils, and related components. With over 350 employees and 14 production facilities, MMT is a partner to customers operating in precision-dependent and highly regulated environments. The transaction is expected to close in the first quarter of 2026, subject to regulatory approvals and customary closing conditions.
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