Montagu reposted this
We are thrilled to announce that Medical Device Components LLC is officially a proud business of Montagu Private Equity! 👏 A huge thank you to Johnson Matthey for their incredible support in helping us reach this milestone. As we embark on this new journey, we look forward to a future filled with growth of our #platinum and #nitinol products under Montagu's stewardship. 💜 Check out our brand-new website at https://lnkd.in/gMrM2Gvf and stay tuned for more updates! 📰 Read the full press release below. More to come! #NewBeginnings #medicaldevicemanufacturing #medicaldevices
It's a done deal: Johnson Matthey has sold its Medical Device Components LLC nitinol business to Montagu in a $700M cash deal. San Diego-based MDC will now operate as a standalone company under previous management, including CEO Donald Freeman. I've got the details at Medical Design & Outsourcing:
Exciting times ahead for a great business led by great people. We look forward to our continued partnership.
Like our boss, Donald Freeman, said: 'everything and nothing is changing.' " Incredibly proud to be part of this journey!
Good luck to all my old colleagues in MDC ... sad to see you leaving the JM portfolio but I'm sure you'll go from strength-to-strength now with your most amazing technical capabilities !
Moving forward!
Exciting times! Congratulations Boss man!!!
Chief Information Officer | Technology Director | Interim | High-Tech | Media | Manufacturing | M&A | Turnarounds | Transformations | Migrations
1moCongratulations Team-MDC. It’s been an interesting journey and glad to have been part of the separation team. We at The Change Mavericks look forward to supporting you through the next phase of the separation.