Medical Manufacturing Technologies, a portfolio company of Arcline Investment Management and a leading global provider of medical device manufacturing solutions, announced its acquisition of Innova Design, Inc. This acquisition further expands MMT’s comprehensive suite of bonding technologies, continuing its commitment to delivering advanced solutions to medical device and industrial manufacturers worldwide.
Innova Design is recognized as a pioneer in the laser bonding industry, credited with developing the first commercial catheter laser bonder in 2002. Now featuring its sixth generation of American-made laser bonders, Innova has been instrumental in producing millions of balloon catheters utilized in interventional medical procedures across the globe. The company has established itself as a trusted partner for medical device manufacturers in key markets, including the United States, Ireland, Cost Rica, Brazil, Singapore, China, and Japan.
“Today marks an important milestone as we welcome Innova Design to the MMT family,” commented Robbie Atkinson, CEO of MMT. “Innova’s innovative and pioneering spirit aligns perfectly with our mission to support global manufacturers with reliable, streamlined services and solutions. We look forward to harnessing our combined expertise to drive future innovations in the medical device industry and advance healthcare worldwide.”
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The acquisition of Innova’s laser bonder technology will complement MMT’s existing offerings, which include hot box and split die bonding solutions. The Innova laser bonder boasts superior ergonomics and innovative laser safety features. These include a motorized revolving safety door, enhanced air cooling, linear ball screw laser traverse, integrated diode pointer, beam shutter, and multiple sample holding system configurations.
President and Founder of Innova Design, Adam Chen, expressed his enthusiasm about the partnership, stating: “Innova Design is thrilled to partner with MMT to enhance bonding capabilities in the medical manufacturing space. As we continue to address the bonding needs of our customers, we are eager to leverage MMT’s resources to provide a comprehensive range of solutions to enhance manufacturing processes and boost productivity.”
MMT is committed to serving as the preferred partner in the medical device and precision manufacturing industry, focusing on predictability, reliability, yield, and throughput. MMT’s portfolio of companies includes CATHTIP, Comco, Engineering by Design, FEPeeler, GenX Medical, Glebar, Innova Design, Interface Catheter Solutions, MMT Automation, MPT Europe, R&D Engineering, Somex Automation, SYNEO, and Tridex Technology.
SOURCE: Businesswire