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Perimeter Solutions has entered a definitive agreement to acquire Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash. MMT provides machinery and consumables for medical device manufacturing.
Perimeter Solutions secured a potential $1.12 billion sole-source contract from the USDA Forest Service to supply aerial long-term fire retardant and provide ancillary services at federal air tanker bases. The five-year contract is expected to save over $150 million.
Perimeter Solutions acquired its long-time Australian distributor PHOS-CHEK Australasia, effective immediately. The acquisition includes the personnel of the acquired company.