Arcline Investment-backed ChargePoint Technology to acquire Terracon.

Arcline Investment-backed ChargePoint Technology, a pharmaceutical containment and aseptic processing specialist, agreed to acquire Terracon, a firm engaged in the design, development, and manufacture of single-use products and accessories for mixing, transferring, and storing fluids in the biopharma and life science markets. Financial terms were not disclosed. "Terracon has vast technical expertise in liquid and fluid mixing, transfer, and storage with a broad portfolio of products that customers rely on for critical process applications. With its extensive product knowledge and application-engineered solutions as well as its relentless customer focus, Terracon offers leading solutions to highly regulated segments, including biopharma and ultra-pure water, along with several other high-value markets," Chris Eccles, ChargePoint CEO.