Medical Manufacturing Technologies (MMT) , a portfolio company of Arcline Investment Management and a global provider of medical device manufacturing solutions, has acquired Ward Automation Galway (Ward Galway), an Ireland-based provider of custom automation solutions. It has also recently acquired Somex Automation (Somex), an Ireland-based provider of custom automation equipment and processes for the medical device manufacturing industry. Both product offerings will go to market under the company's MMT Automation brand .
The addition of these technologies and services enables MMT to better serve its medical device manufacturing customers by offering highly specialized robotization and integrated solutions for their most challenging production needs.
As part of the Ward transaction, MMT welcomes 27 new employees who will continue to operate out of Ward Galway’s facility in Galway, Ireland. As part of the Somex transaction, MMT brings aboard 34 new employees who will continue to operate out of Somex’s Cork and Ballyvourney facilities in Ireland.
“Ward Galway is recognized for developing high-performance custom automation solutions encompassing the entire product lifecycle, from design and development through production, testing, and packaging,” says Robbie Atkinson, CEO of MMT. “The acquisition of this division strategically positions us to compete in the high-growth market of advanced robotization and integration for the minimally invasive medical device manufacturing industry.”
“This is an exciting opportunity for us as we look forward to being part of a larger organization that supports our growth objectives,” says Managing Director of Ward Galway, Dave McMorrow. “Our Galway team is excited to join MMT and its highly respected brand portfolio.” McMorrow will join MMT as technical director.
Atkinson adds that the acquisition of Somex Automation is a milestone for the company. “We are excited to bring a strong business with highly skilled employees into our family,” he says. He went on to highlight how the automation and process integration expertise of Somex will become a flagship offering of the MMT Automation brand. “This transaction allows MMT to seamlessly integrate our end-to-end medical device manufacturing to further support our customers on their quest to increase production and expand their ‘lights out’ operation capabilities. The Somex team’s expertise and history of implementation is an asset to our customers.”
Michael Wall, managing director and founder of Somex, says, “We will be able to leverage the strengths of both companies and create an even more powerful offering for our customers.” Wall will also join MMT as technical director.
Atkinson noted that the recent launch of MMT Automation, its newest division, unites the automation offering across the MMT portfolio to provide a more cohesive and consistent approach to its customers’ manufacturing needs. The alignment will increase the knowledge, capabilities, and custom technology offering to benefit MMT’s customers.
“As a global leader of medical device manufacturing equipment and processes, it is integral that we streamline shared technologies and processes to ensure our customers have access to the solutions they need when they need them,” says Atkinson. “Our MMT Automation division aligns our automation expertise across the portfolio where we can most effectively help our customers create autonomous manufacturing and continuous optimization of production lines.”
MMT offers a broad portfolio of high-precision solutions for developing and manufacturing complex medical devices used in minimally invasive procedures.