Watson-Marlow Fluid Technology Group Acquires the Business of Flow Smart Inc.
(firmenpresse) - WILMINGTON, MA -- (Marketwired) -- 11/25/15 -- (WMFTG), the world leader in niche peristaltic pumps and associated fluid path technologies, has acquired the business and assets of through its parent company Spirax-Sarco Engineering plc, for £ 5.7 million.
Flow Smart, based in Seaford, Delaware USA, specializes in the design and manufacture of high purity sanitary gaskets, silicone transfer tubing and reinforced silicone hoses for the bioprocessing and pharmaceutical industries. The business will be integrated into the Watson-Marlow Fluid Technology Group (WMFTG) and we are pleased that Lou Bongiorno, founder and President of Flow Smart, will transfer along with existing staff to our new company, Watson-Marlow Flow Smart, Inc., and continue in his role as President.
Flow Smart is a natural extension of the Watson-Marlow Fluid Technology Group fluid path product portfolio and further strengthens WMFTG's extensive global presence in the biotechnology and pharmaceutical industries, which includes Watson-Marlow Pumps, Watson-Marlow Tubing, Flexicon Filling Systems, BioPure single-use tubing connector systems, Aspeco aseptic valves, and Alitea OEM Pumps. Flow Smart's product range utilizes market-leading technology to improve sterility within the biotechnology production process, thereby reducing validation risk in demanding contamination-free applications; resulting in improved process sterility confidence for our customers.
Flow Smart provides an extensive range of fabric, braided and wire reinforced platinum silicone hoses and high performance sanitary gasket products. Flow Smart has developed an extensive range of high purity gasket compounds with superior performance ranging from EPDM, Viton, Platinum Silicone, PTFE, to Poly4D.
Lou Bongiorno, President of Flow Smart, comments: "Watson-Marlow Fluid Technology Group have a great reputation within the BioPharmaceutical market, so we are very excited about being able to tie into that network to enable greater exposure of our products to a wider audience and drive the organic sales growth."
Jay Whalen, President of the Watson-Marlow Fluid Technology Group, comments: "The acquisition of Flow Smart significantly expands and enhances our fluid path product range, and further strengthens Watson-Marlow's position in the sanitary markets we serve."
Watson-Marlow Fluid Technology Group (WMFTG) is the world leader in niche peristaltic and sinusoidal pumps and associated fluid path technologies. Founded on nearly 60 years of supplying engineering and process expertise and with over one million pumps installed worldwide, our pumps are tried, tested and proven to deliver.
WMFTG is a wholly owned subsidiary of (LSE: SPX), a global organisation employing approximately 4,800 people worldwide. Watson-Marlow Fluid Technology Group comprises eight established brands, each with their own area of expertise, but together offering our customers an unrivalled breadth of solutions for their pumping applications:
: peristaltic tube pumps for biopharm and process industries
: precision tubing for pumping and other purposes, in a range of materials
: high flow, high-pressure hose pumps
: unique peristaltic solutions for OEM customers
: aseptic filling and capping systems
: gentle sinusoidal pumps for food, chemical and cosmetics applications
advanced single-use tubing connector systems
aseptic valves and magnetic mixers for the biopharmaceutical industry
Watson-Marlow Fluid Technology Group is an international operation based in Falmouth, Cornwall, UK. Watson-Marlow Fluid Technology Group has offices in Argentina, Australia, Austria, Belgium, Brazil, Chile, China, Canada, Denmark, France, Germany, India, Italy, Japan, South Korea, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Russia, Singapore, South Africa, Sweden, Switzerland, Taiwan, USA and Vietnam.
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Contact information:
Kristin Nugent
McNeil, Gray & Rice, Inc
Boston, MA 02108
617-367-0100 x148
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Datum: 25.11.2015 - 17:37 Uhr
Sprache: Deutsch
News-ID 435766
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WILMINGTON, MA
Kategorie:
Biotech
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