ACG Engineering, a part of ACG Group, is the supplier offering end-to-end manufacturing solutions for the pharmaceutical industry. The company has recently acquired Germany-based pharma processing equipment company, Xertecs. The deal, which entails ACG acquiring 100% shareholding, comes following a long and reported successful partnership between the two entities.
As per the press statement, for ACG Engineering, the acquisition is said to be providing a strong injection of European design into its capabilities roster, as the Xertecs facility and team in Muellheim, Germany becomes a key ‘Center of Excellence’ to serve as ACG Innovation Centre Europe. The goal is to give customers the best of both continents including sophisticated European design combined with Indian value centric engineering and manufacturing.
Xertecs develops and implements processes, products and services for pharma companies around the world. Its portfolio claims to include conceptualization, design engineering, prototype development, automation design and integration into MES systems, development and optimization of components, complete plant design including 3D modelling, process optimization and delivery of new process equipment.
According to Richard Stedman, group chief executive officer at ACG Engineering, “This is a tremendous boost for our commitment to create next-generation machines that serve our pharmaceutical and nutraceutical customers. 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 and 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.”