This acquisition is strategically important as it demonstrates our commitment and deliberate move into the rapidly expanding robotically assisted surgical market.
BLOOMFIELD HILLS, Mich. (PRWEB) February 24, 2020
ARCH has acquired MMi Sonora (“MMi”), located in Sonora, Calif. MMi manufactures high-precision components and assemblies primarily for the medical market, with expertise in precision manufacturing for the rapidly expanding robotically assisted surgical market. MMi will join the ARCH Medical Solutions Segment and will bolster ARCH’s leading position as an important and growing supplier to the medical market. MMi has an impressive breadth of core competencies, including high-precision complex machining, prototyping to production, testing, assembly, and finishing. These advanced competencies are highly complementary to the existing high-precision machining capabilities at ARCH Medical Solutions locations across the country.
“We are extremely excited to announce the acquisition of MMi, and we welcome all MMi colleagues and customers to the ARCH family of companies,” said Paul Barck, Divisional President of ARCH Medical Solutions. “This acquisition is strategically important as it demonstrates our commitment and deliberate move into the rapidly expanding robotically assisted surgical market. The MMi acquisition also adds to the depth of our machining capabilities for complex, tight-tolerance machined components and devices for the surgical robotics and precision motion control hardware industries. MMi has established themselves as a critical supplier to the world’s leading manufacturers within these markets and becoming a member of the ARCH family will provide the opportunity for us to more broadly support and serve our customers.”
“The timing is right for MMi to join forces with ARCH Medical Solutions, a growth-oriented strategic partner and this move will be beneficial for our employees and our loyal customers,” said William McDonald, former co-owner of MMi. “ARCH shares the vision and core values that we live by every day at MMi, and we are looking forward to our partnership with the ARCH team.”
Steve Woodward, former co-owner of MMi, agreed. “This is an exciting new chapter for MMi and an opportunity for us to grow with a well-respected family of precision manufacturing companies that fully embraces the medical technology revolution,” he said.
Capstone Headwaters was the exclusive advisor to MMi.
ARCH, a Jordan Company platform company based in metro Detroit, manufactures high-quality cutting tools, medical instruments and implants, and precision-machined components for a range of critical applications. ARCH has dozens of facilities strategically located across the country serving the medical, aerospace, defense, and progressive industrial markets. The teams at ARCH are metalworking professionals with industry-leading tight-tolerance manufacturing expertise. ARCH provides innovative and practical solutions to the complex manufacturing challenges of its customers. Visit ARCH at http://www.archgp.com