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Agency / Source: Sartorius Stedim Biotech S.A.

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Sartorius Stedim Biotech Acquires Majority Stake in U.S. Start-up AllPure Technologies - Takeover extends Sartorius Stedim Biotech portfolio for single-use bioprocessing - Sartorius-Stedim.com
Sartorius Stedim Biotech Acquires Majority Stake in U.S. Start-up AllPure Technologies

 

PRZOOM - /newswire/ - Aubagne, Bouches-du-Rhône, France, 2014/04/28 - Takeover extends Sartorius Stedim Biotech portfolio for single-use bioprocessing - Sartorius-Stedim.com.

   
 
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Sartorius Stedim Biotech (SSB), a leading international supplier for the pharmaceutical and biotech industries, announced that it has signed a contract to acquire the majority stake in the U.S. start-up AllPure Technologies LLC. The privately owned company based in New Oxford, Pennsylvania, USA, has been operating on the market for four years, and in 2013 earned revenue of around U.S. $3 million with 25 employees. AllPure specializes in innovative single-use components for biopharmaceutical applications, such as aseptic sampling techniques. The parties agreed not to disclose any further details of the purchase agreement.

Reinhard Vogt, member of SSB’s Executive Board commented: “AllPure further completes our portfolio with innovative products that help our customers develop and manufacture their pharmaceutical drugs safer and more efficiently. I am really looking forward to working with the AllPure team and to all that we can accomplish together.”

“We are excited to leverage Sartorius Stedim’s impressive R&D capabilities so that we can accelerate the launch of new products from AllPure. And SSB’s global reach and industry relationships grant access to considerably more customers, especially in Europe and Asia, which have tremendous potential for AllPure’s products,” said Michael Zumbrum, President of AllPure.

About Sartorius

Sartorius (sartorius.us) is one of the world's leading providers of laboratory and process technologies and equipment. Our innovative products and high-quality services help customers around the globe implement complex and quality-critical processes in biopharmaceutical production and laboratory environments in a time- and cost-efficient way. Our key customers are from the biotech, pharma and food industries, as well as from public research institutes and laboratories. Sartorius operates its own production facilities in Europe, Asia and America, and also has sales offices and local representatives in more than 110 countries. Strongly rooted in the scientific and research communities and closely allied with customers and technology partners, the company is dedicated to its philosophy of "Turning science into solutions" every single day.

 
 
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Agency / Source: Sartorius Stedim Biotech S.A.

 
 

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Sartorius Stedim Biotech Acquires Majority Stake in U.S. Start-up AllPure Technologies

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Sartorius | AllPure Technologies
Contact: Press Office - Sartorius-Stedim.com 
+33(0)4 42 84 56 00 press[.]sartorius-stedim.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Sartorius Stedim Biotech S.A. securities in any jurisdiction including any other companies listed or named in this release.

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