Fette Compacting, which provides solutions for tablet production and capsule filling in the pharmaceutical industry, is taking over its distribution partner for the United Kingdom and Ireland, EuroPharma Machinery Ltd. from the founders Geraint Llewelyn and Stuart Waterhouse.
The acquisition is part of a long-term succession plan. Geraint remains Managing Director, Stuart will continue to act as a consultant. The company in Bordon, East
Hampshire will continue operating under the existing name. The distribution partnership between EuroPharma and Bausch + Ströbel, a machinery manufacturer for bottling and packaging systems, will be continued.
“The acquisition of EuroPharma strengthens our position in this important market and lays the foundation for further growth. We also look forward to continuing the successful collaboration with our Excellence United partner Bausch + Ströbel,” says Olaf J. Müller, CEO of Fette Compacting. EuroPharma founder Stuart Waterhouse is also satisfied: “We have been working with Fette Compacting since we founded EuroPharma more than 30 years ago. The acquisition is the next step of our mutual success story and secures a long-term perspective for us.”
For more information, visit fette-compacting.com.
Filed Under: Drug Discovery