Benchmark International is pleased to announce the transaction between Devon-based developer of testing equipment, Easytesters, and Winchester-based pharmaceuticals and manufacturing company, Biopharma Process Systems (BPS).
Easytesters is an inventor and developer of unique HACCP testing equipment specifically designed to prevent hazards and contamination in liquid food processing. Its solutions are environmentally friendly and are renowned for reducing or eliminating downtime for food processors and manufacturers.
BPS is a leading supplier of equipment to the pharmaceutical, biotech and process industries in the UK, Ireland and France, with a specialisation in freeze drying, solvent removal/evaporation and high-pressure homogenisation technologies.
It is part of the Biopharma Group which is made up of Biopharma Technologies and Biopharma Technologies France. It also has a division in the USA (BTLLC) that works in close association with its product partners, SP Scientific.
The acquisition will allow BPS to expand into the testing/compliance industry, cross-selling opportunities into clients’ customer bases.
Commenting on the acquisition, Biopharma Group chairman Andrew Cowen said: “Joining forces through this acquisition offers exciting opportunities for us to enter new markets, expand interests within the food and beverage industry and extend our range of innovative analytical instruments and regulatory testing available to our customers.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkIntl.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.