Telstar acquires Usifroid of France
The acquisition increases Telstar\'s market share in freeze-drying equipment and expands its international services
The purchase also consolidates Telstar’s position in Europe, giving it an 80% share in France in freeze-drying equipment.
Usifroid develops GMP freeze-dryers for pharmaceutical applications and is a pioneer in the use of liquid nitrogen refrigeration technology.
Telstar said the Usifroid brand and product range will be retained in all markets. Usifroid will continue to provide the French and international markets with Usifroid-branded equipment.
‘The incorporation of Usifroid into the Telstar Group equates not only to expansion of our activities internationally, but also adds new know-how and expertise in the freeze drying field and helps consolidate our position in the European market by having operations and services in France,’ said Jordi Puig, corporate business director of Telstar Life Sciences.