Aceto to Acquire IsleChem

Aceto, a global virtual manufacturer of specialty materials for life sciences has acquired NY-based, IsleChem, a provider of chemical manufacturing, contract research and development (R&D), analytical services, and technical and support services.

The acquisition adds manufacturing expertise in the U.S. and access to a diversified set of products and capabilities worldwide. Aceto expects to continue to expand the workforce at IsleChem’s facility in Grand Island, NY, and bolster capabilities through additional investment in operations.

“The COVID pandemic has reinforced that access to a diverse, secure supply chain and dependable manufacturing is essential to business continuity,” said Gilles Cottier, Chief Executive Officer of Aceto. “This acquisition adds manufacturing and R&D capabilities to enhance Aceto’s already robust supply network. IsleChem is poised for facility expansion to service growing market demand, allowing the combined company to support more of our customers’ needs from development through to commercialization and full-scale production.”

“IsleChem and Aceto share the same core value of highest quality service and both companies are intently focused on meeting the needs of our customers,” said Pat Canavan, President of IsleChem. “Joining forces gives us access to Aceto’s experienced salesforce in the U.S. and Europe, which helps us to service additional markets and enhance our value to customers.”