GRACE ACQUIRES ALLTECH
W. R. Grace & Co. , announced today that its subsidiary, The Separations Group, has acquired Alltech International Holdings, Inc. ( Alltech ), a global manufacturer and supplier of chromatography products headquartered in Deerfield, Illinois. Alltech will be integrated into the separations business of Grace s Davison specialty materials unit. Terms of the deal were not disclosed.
Founded in 1970, Alltech is a privately held company with manufacturing facilities and R&D laboratories in the United States, England and Belgium and has an extensive sales, marketing and distribution organization with 21 locations worldwide, including China, Australia, England, Germany, and the United States. Its products are used in high performance liquid, gas, and ion chromatography, as well as solid phase extraction technologies, for drug discovery and production.
Grace has been building its separations business through a strategy of internal growth and acquisitions. This is the company s fifth acquisition for the separations business. It recently acquired Grom Analytik + HPLC GmbH and in 2003, MODcol Corporation and the Jones Chromatography high performance liquid chromatography line. Each acquisition has broadened the company s offering of liquid and gas chromatography columns, media, systems, and packing services to its global biotechnology and pharmaceutical customers.
This acquisition is an integral part of our strategy to grow in the materialsbased separations business, said Fred Festa, President and COO of Grace, and significantly expands our product portfolio to better assist our customers in meeting the demands they have to innovate and improve their products.
This acquisition combines our 80 years of silica material and surface chemistry science expertise with Alltech s proven technology and demonstrated success in designing and producing chromatography products, explained Greg Poling, President, Grace Davison Specialty Materials. Alltech s extensive product portfolio, customer support, and technical capabilities provide a platform that will enable us to expand our product offerings on a worldwide basis. We look forward to welcoming this world-class business to our organization.
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