SP Industries acquires PennTech Machinery


Product line will complement SP's Hull and VirTis pilot and production freeze dryer range

SP Industries, a US-based designer and manufacturer of laboratory equipment, freeze dryers, laboratory supplies and glassware has bought the assets of privately held PennTech Machinery.

No financial details have been disclosed.

PennTech is a global provider of complete vial handling solutions covering washing, sterilisation, filling, stoppering, capping and both tray and freeze dryer loading/unloading equipment, located in Warminster, PA, US.

'PennTech has a well-earned reputation for producing high quality, often customised, equipment and is the only US-based manufacturer to offer complete aseptic processing lines,' said SP Industries' CEO Bill Downs.

'PennTech’s current portfolio, engineering expertise and broad capabilities around liquid vial handling are a very strategic complement to our Hull and VirTis pilot and production freeze dryer lines, allowing us to offer a complete suite of manufacturing solutions for semi-automated to fully automated drug production environments.'

PennTech will be established as a flagship brand within the SP Scientific equipment division. Key manufacturing, engineering, sales and service personnel from PennTech have joined the SP team to assure continuity in operations and service.

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According to Downs, Vincent Smit, who was CEO of PennTech, will 'play a significant role in sales and product development projects and we look forward to benefiting from his vision and depth of knowledge'.