Mergers & Acquisition
ILC Dover Acquires JetSolutions SA
Original Press Release
ILC Dover Acquires JetSolutions SA
Press release date: May 28, 2014
Acquisition allows ILC to offer a broad range of solutions from bulk packaging to processing
FREDERICA, Del. and ROSSENS, Switzerland – ILC Dover, the global pioneer of disposable processing and powder containment systems for the pharmaceutical industry, announced today it has acquired JetSolutions SA, of Rossens, Switzerland. JetSolutions has extensive experience in powder/liquid mixing and processing operations including dosing, powder conveying, liquid mixing, and delumping. They provide turnkey installations from design through installation and service. Adding their experience and capabilities to those of Grayling Industries, which ILC Dover acquired in 2013, allows ILC Dover to provide a broad range of solutions from bulk packaging to processing.
"The addition of the JetSolutions business, technology and employees to the ILC Dover family will enable us to more fully meet the needs of customers in the Pharmaceutical, BioPharmaceutical, Chemical, Foods and Personal Care markets. Together with the capabilities of ILC Dover's DoverPac® containment solutions and the Grayling line of packaging products, we can now address critical customer challenges from processing of materials, to critical containment needs to the packaging of intermediate products. Patrick, Daniel and the JetSolutions team will also strengthen our business access to key European markets," said Fran DiNuzzo, president of ILC Dover.
JetSolutions SA core strength is its ability to design and build custom manufacturing systems based on the unique needs of its customers. System components are assembled and tested by JetSolutions SA prior to onsite installation to ensure optimal performance and system integrity.
"Being part of ILC Dover greatly expands our customer network, financial capabilities and ability to develop new solutions," said Patrick Mayor, managing director and co-owner of JetSolutions SA - who is now the European sales manager at ILC Dover. "Being part of a company with a rich history and track record of success and innovation is really an honor."
New ILC Dover, Inc. is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco. ILC Dover LP, Grayling Industries Inc. and JetSolutions operate as wholly owned subsidiaries of New ILC Dover, Inc.
About ILC Dover (www.ilcdover.com)
ILC Dover is a world leader in the innovative design and production of engineered products employing high-performance flexible materials. Since 1947, ILC has provided engineered solutions to complex customer problems. Known for the production of space suits for NASA, we leverage our vast materials, engineering and design experience to create high performance Powder Handling Systems for pharmaceutical and life sciences customers, Personal Protection Equipment and Lighter than Air systems for commercial and government customers, and Intermediate Bulk Packaging solutions for multiple industrial markets
ILC Dover...creating what's next
About Behrman Capital
Based in New York City and San Francisco, Behrman Capital was founded in 1991 by Grant G. and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. The company's investments are primarily focused in five industries: health care, specialty manufacturing, business to business outsourcing, defense and information technology. The firm has raised five funds with a combined capital base in excess of $3.0 billion. For more information, please visit www.behrmancap.com.
For ILC Dover:
SOURCE ILC Dover
Web Site: http://www.ilcdover.com