ATL Technology, a medical device developer and manufacturer based in Springville, has acquired MDCM Solutions, a Minnesota manufacturing company specializing in complex catheter technologies used in the manufacture of minimally invasive medical devices.
To be known as ATL Minnesota, the newly acquired facility will be a center for complex catheter extrusion, braiding and coiling; FEP heat shrink; product development; and process development and qualification.
“We are excited to integrate MDCM Solutions’ technology into our suite of capabilities,” said ATL CEO Joe Glover. “And we’re also very fortunate to gain the extensive experience and expertise of Scott Johnson and Frank Smaron, the founders and leaders of MDCM Solutions.”
Complex catheters are used for a variety of purposes in many different medical markets, including cardiovascular, vascular, gastrointestinal, urologic and interventional. They are considered complex due to the inclusion of many different features, such as multiple lumens, variable stiffness and low-friction liners, ATL said in making the announcement.
ATL partners with medical device companies worldwide, working to accelerate the design, development and manufacturing of medical devices. The company has operations in the U.K., Costa Rica, China and Taiwan.
Transaction details were not disclosed.