W. L. GORE & Associates Acquires Amesil
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Gore, W. L. & Associates, Inc.
750 Otts Chapel Rd.
Newark, DE, 19713
Press release date: February 28, 2007
Purchase expands product offerings to the biopharmaceutical market
NEWARK, Del., Feb. 28 -- W. L. Gore & Associates today announced it has acquired Amesil, a privately held, US-based provider of non- reactive fluid transport, containment and sampling solutions to the pharmaceutical and bioprocess markets. Amesil has 46 employees and is located in Oak Ridge, New Jersey. Financial details were not disclosed.
GORE(TM) PharmBIO Products is a leading supplier of high-value technology products to the pharmaceutical industry. Gore is known for setting new standards for reliability and performance in a variety of global markets for nearly 50 years.
Through this acquisition, Gore will continue to enhance its product leadership in the biopharmaceutical category. Gore will continue to manufacture and sell Amesil products with the same high standards and outstanding commitment to service.
"The significant synergy between Gore and Amesil results in an immediate and impressive expanded product offering for our customers. It will also fuel ongoing development of innovative new products and applications to better serve pharmaceutical and bioprocess industries on a global basis," says Greg Tronto, Business Leader.
Gore is in the process of finalizing long-term integration plans. Gore will continue to manufacture Amesil's products in Oak Ridge, NJ.
About W.L. Gore & Associates, Inc.
For nearly 50 years, W. L. Gore & Associates has cultivated a unique corporate culture, resulting in a high-energy commitment to innovation and a passionate belief in making a difference. Gore, perhaps best known as the inventors of GORE-TEX® expanded PTFE, is a leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics and medical markets.
With sales of approximately $2 billion, the company is headquartered in Newark, Delaware, and employs approximately 7,000 associates in 45 facilities throughout the world. Gore is one of only four companies included in every edition of Fortune Magazine's "100 Best Companies to Work For" since the list began in 1984.
For more information about W. L. Gore & Associates, Inc. and GORE(TM) products, call 1-800-431-GORE, or visit the Gore web site at http://www.gore.com/
Source: W. L. Gore & Associates
Liane Adduci or Brad Drew,
both for W. L. Gore & Associates,
+1-312-994-2451 or +1-312-994-2452
Web site: http://www.gore.com/