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Financing › Details
Delta Precision–Astrea Bioseparations: investment, 202301 acquisition of Delta Precision Ltd by Astrea
Period | 2023-01-09 | |
Money taker | Delta Precision Ltd. | |
Group | Biotage (Group) | |
Money source | Astrea Bioseparations Ltd. | |
Group | Biotage (Group) | |
Product | column (chromatography) | |
Product 2 | sample purification / sample separation | |
Astrea Bioseparations. (1/9/23). "Press Release: Astrea Bioseparations Acquires Delta Precision Ltd, a Leading Manufacturer of Chromatography Columns for Biomanufacturing".
Astrea Bioseparations (“Astrea Bio”), a leading provider of high-quality bioseparation and purification technologies, announced today the acquisition of Delta Precision Ltd. (“Delta Precision”), a premier manufacturer of advanced chromatography columns for the biotechnology and pharmaceutical industries.
This strategic acquisition, which follows a long-standing relationship of almost a decade, will allow Astrea Bio to expand its product offering to include a full range of high-performance chromatography columns for biomanufacturing, complementing and strengthening the company’s existing portfolio of bioprocessing resins, reusable columns, and prepacked single-use columns. Delta Precision’s products are widely recognized for their quality, ease of use, and durability, and are used in a variety of applications, including protein purification, vaccine production, and drug development.
“We are delighted to welcome the Delta team into the fold. The acquisition of Delta is another step forward in Astrea Bio’s rapid expansion to support the biopharmaceutical manufacturing field,” said Terry Pizzie, CEO of Astrea Bio. “This is a highly strategic move for us, allowing us to offer a full range of industry-leading purification and separation tools.”
Geoff Parnell, Co-founder and Managing Director at Delta Precision, remarked, “We look forward to joining the Astrea Bio family, further cementing the long-standing relationship between the two companies. We are confident that our expertise in column manufacturing will complement and accelerate the Astrea Bio business and customer reach.”
This acquisition marks a significant milestone for Astrea Bioseparations and will allow the company to further accelerate new product development and rapidly bring new advances in purification and separation technology to market.
About Astrea Bioseparations
Astrea Bioseparations is a leading provider of chromatography solutions for the life sciences industry. With products used in the manufacture of over 20 approved therapeutic and medical products, Astrea is trusted by scientists around the world to deliver precise, reliable results. Astrea Bio is headquartered in Cambridge, UK with manufacturing facilities at the Isle of Man, British Isles, Joliette, Quebec and Massachusetts, USA.
About Delta Precision Ltd
Delta Precision Ltd is a leading manufacturer of chromatography columns, known for their precision and performance in a wide range of applications. The company has a strong reputation in the industry and a commitment to providing top-quality products and excellent customer service.
For further information please contact:
Astrea Bioseparations
Hannah Ingram
Tel: +44 (0) 1223 433 800
Email: sales@astrea-bio.com
Record changed: 2023-08-01 |
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More documents for Biotage (Group)
- [1] Biotage AB. (2/15/23). "Press Release: Biotage Strengthens Its Position as a Global Chromatography Leader with the Transformative Acquisition of Astrea Bioseparations". Uppsala....
- [2] Astrea Bioseparations. (1/9/23). "Press Release: Astrea Bioseparations Acquires Delta Precision Ltd, a Leading Manufacturer of Chromatography Columns for Biomanufacturing"....
- [3] Biotage AB. (6/4/19). "Press Release: Strategic Collaboration between Biotage and Yingsheng on the Chinese Market for Clinical Mass Spectrometry Applications". Uppsala....
- [4] Biotage AB. (5/24/19). "Press Release: Tomas Blomquist – New CEO & President of Biotage". Uppsala....
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