americanpharmaceuticalreviewJune 26, 2019
Tag: acquisition , Acquired , Hanwell , Ellab
Hanwell has announced its acquisition by Denmark based Ellab, a leader in thermal validation solutions for the pharmaceutical, medical and food processing industries.
Based in Virginia Beach, Hanwell was identified as an attractive target for acquisition due to its high-end product range, which fits well with Ellab’s brand and product portfolio.
Hanwell will continue to operate as a standalone entity via its growing network of partner distributors across the USA. The company will retain its name and brand. CEO Ian Robinson will remain in post and join the management team at Ellab.
"This is a great opportunity for Hanwell to further strengthen its position in key industry sectors as part of a global organization with a comparable ethos to our own," Robinson said. "Although our core product offering will remain unchanged, our engineering team in particular will benefit from additional resources and expertise, enabling us to invest even more time and effort into our innovation and development strategies. We are confident that this will lead to only positive outcomes for our current and prospective customers and look forward to what the future brings."
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