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Medical Manufacturing Technologies Acquires Ireland-Based Somex Automation

May 10, 2023over 2 years ago

Acquiring Company

Medical Manufacturing Technologies

Acquired Company

Somex Automation

Manufacturing

Description

Medical Manufacturing Technologies, Inc. (MMT), a portfolio company of Arcline Investment Management and a leading global provider of medical device manufacturing solutions, announced the acquisition of Somex Automation (Somex), an Ireland-based provider of custom automation equipment and processes for the medical device manufacturing industry. The Somex product offering will go to market under our MMT Automation brand.

Company Information

Company

Medical Manufacturing Technologies

About

Your sole source solution for automated, process-driven medical manufacturing. Your connected partner for medical device manufacturing.

FundzWatch™ Score

61
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed