Pharma manufacturing solutions company ACG Engineering has acquired the Germany-based pharma processing equipment company, Xertecs.
Acquisition
The deal has been made following a partnership between the two companies and will provide ACG Engineering with European design competencies as Xertecs facility and team in Muellheim, Germany becomes a key “Centre of Excellence” to serve as ACG Innovation Centre Europe.
Richard Stedman, Group CEO, ACG Engineering said: “This is a tremendous boost for our commitment to create next-generation machines that serve our pharmaceutical and nutraceutical customers. The Xertecs team brings best-in-class design and product management skills to ACG Engineering. We are looking forward to developing a wide range of innovative, ground-breaking equipment solutions and best-practice initiatives between the two teams.”
Klaus Groeschel, managing director, sales & marketing for Xertecs added: “This represents a great opportunity for ACG to meet global design standards throughout its product portfolio. This is the next logical step in the relationship between our two businesses. The team at Xertecs is very enthusiastic for the opportunity to continue contributing to ACG’s global product offerings and service capabilities.”