ACG Acquires German Pharma Processing Equipment Provider
ACG Engineering, which is a part of the ACG Group, has announced its acquisition of a German-based pharma processing equipment provider, Xertecs.
In an Aug. 1, 2019 press statement, ACG Engineering, which is a part of the ACG Group, has announced its acquisition of a German-based pharma processing equipment provider, Xertecs.
The acquisition follows from the long partnership that has been in place between the two companies and will add European design to the capabilities of ACG Engineering. The Xertecs facility and team, which are based in Mulheim, Germany, will become a Center of Excellence for ACG Engineering, serving as the ACG Innovation Centre Europe.
“This is a tremendous boost for our commitment to create next-generation machines that serve our pharmaceutical and nutraceutical customers,” said Richard Stedman, group CEO, ACG Engineering, in the press release. “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.”
Source:
ACG
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