Announced
Completed
Financials
Tags
Cross Border
Majority
Friendly
United Kingdom
Completed
Biotechnology
aseptic systems
Single Bidder
Private Equity
Acquisition
Private
Synopsis
capiton-backed Dietrich Engineering Consultants, a global provider of contained powder handling systems, completed the acquisition of Extract Technology, a worldwide supplier of containment and aseptic systems for the pharmaceutical, healthcare, biotech and chemical markets, from Wabash National, an American diversified industrial manufacturing company. Financial terms were not disclosed. "Extract has a successful track record developing innovative containment solutions for leading healthcare companies. Coupled with the critical nature of the systems, Extract developed significant repeat customers with longstanding relationships. The product offering is complemented by strong aftermarket services," capiton.
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