A supplier of advanced materials and metals has completed its first acquisition to give it greater capability and an immediate manufacturing footprint in the US. Goodfellow, which is owned by Battery Ventures, has purchased micro-fabrication specialist Potomac Photonics in a strategic deal that will help the firm increase its presence in the rapidly expanding medical device sector and microfluidics. It marks a strong start to 2024 for the Huntingdon-based business and comes only a few weeks after agreeing a significant distribution contract and launching a new brand to drive ambitious growth targets.

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