Belmont Instrument (Billerica, Mass.) recently acquired MTRE Advanced Technologies. The financial details of the deal were not disclosed.
The acquisition allows Belmont to extend its portfolio to include non-invasive body temperature management solutions. MTRE’s normothermia management products include the Allon system and ThermoWrap disposable garment, as well as the temperature management portfolio including the CritiCool system and CureWrap. The products are designed to help healthcare providers have precise control of body temperature.
“We are very pleased to bring the MTRE patient temperature management portfolio to healthcare providers worldwide and to the Belmont family,” said Brian Elliott, CEO of Belmont. “This is the first among several planned strategic acquisitions for Belmont as we build out a strong global product portfolio to better support clinicians and leverage our core strengths in anesthesiology, critical care and trauma to broaden the availability of these products in the market.”
MTRE’s Allon system is designed to be used in hospital invasive and coronary care units, operating, recovery and emergency rooms, burn units and on medical and surgical floors. CritiCool is a thermo-regulating system that is used for monitoring and controlling patient temperature. It is used in procedures where target temperature management is needed.
“We are thrilled to engage with Belmont in this transaction that will accelerate the growth of MTRE’s temperature management portfolio to benefit more patients globally,” said Ran Namerode, chairman of Mennen Medical Group.
