As part of its strategic global expansion plan, India-based ACG Inspection Systems, a global leader in pharmaceutical track and trace, has acquired Croatia-based serialization enterprise company IN2trace, for an undisclosed amount. Established in 1992, IN2 group a leading software company in Central and Eastern Europe. IN2trace, a division of IN2 group, is focused on providing serialization solutions in pharmaceutical and food & beverage, tobacco, electronics, automotive and many other industries.
Commenting on the acquisition, IN2trace Managing Director Kresimir Duracic added, “This is a great opportunity to increase our penetration within the global pharmaceutical industry. Our IN2trace serialization framework provides full regulatory compliance, includes warehousing solutions and integrates with third-party cloud solutions.” Speaking on the occasion, ACG Inspection Systems Chief Executive Officer Ettore Cucchetti said, “Acquiring IN2trace is a key step towards consolidation of our global footprint in the track and trace business. It creates a strong manufacturing support and development base for ACG Inspection in Europe, increases our serialization expertise and expands our enterprise level product portfolio. We see this acquisition as a key driver for the adoption of advanced serialization technology by pharmaceutical manufacturers.”
As part of the acquisition, ACG Inspection Systems has acquired all the assets and IP of IN2trace. ACG now plans to set up an additional office close to Zagreb airport and rapidly ramp up development, manufacturing and service operations.
ACG Pharmapack, another division of ACG Worldwide, manufactures a range of barrier-packaging films for the pharmaceutical, medical-device, personal care and food packaging sectors. Recently, the company received ISO 15378:2011 certification for Good Manufacturing Practices (GMP) for its primary packaging materials used for medicinal products.
This is a highly prestigious certification following an audit of the company’s products and manufacturing facility based on a stringent set of criteria. On receiving this accreditation, SR Shivshankar, chief executive officer, ACG Pharmapack said, “This is an honor for the organization and its stakeholders. ACG Pharmapack has always endeavored to maintain high quality standards in its entire manufacturing process and this certification reiterates our commitment to quality. The GMP certification gives us a unique position with our customers as it increases their confidence in the company capabilities and output.”
The certification was awarded for the manufacture and dispatch of barrier packaging films, including PVC, PVC/PVdC, Tripac, ACLAR, Nylon, Paper, Aluminum and other polymeric films for pharmaceutical use.