Deal

Enpro Industries acquires The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL)

July 2019 full acquisition ready

Snapshot

Enpro Industries acquired The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL) in July 2019. The transaction was structured as all cash. The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL) is a Limonest, France-based Sealing Products (Garlock Family of Companies) business.

Acquirer
Enpro Industries
Target
The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL)
Value
(not disclosed)
Date
July 2019
Type
full acquisition
Status
ready
01 Scorecard

The deal at a glance

Private-market deal
Enpro Industries acquires The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL)
Deal value
(not disclosed)
Sector
Sealing Products (Garlock Family of Companies)
Date
July 2019
VectorShift
Made on VectorShift

About this deal

Enpro Industries acquired The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL), a transaction completed in July 2019, structured as all cash.

The Aseptic Group (Aseptic Process Equipment SAS and Aseptic Services SARL) operates in Sealing Products (Garlock Family of Companies), is based in Limonest, France. The Aseptic Group is a privately held company, headquartered in Limonest, France, that distributes, designs and manufactures aseptic fluid transfer products for the pharmaceutical and biopharmaceutical industries. It is a recognized supplier of high-purity fluid path components that has served some of the world's largest pharmaceutical companies for over 20 years.

Represents a key step in EnPro's strategy to grow in the pharmaceutical and biopharmaceutical industries and to invest in attractive markets and applications; the business joined the Garlock Family of Companies, a global supplier of high-performance sealing and fluid handling products to process industries.

Recognized high-purity fluid-path supplier with 20+ years serving major pharmaceutical companies; expands Garlock into the growing pharma/biopharma fluid-handling market. Complements Garlock's growth strategy in fluid handling for process industries. Garlock Family of Companies (Sealing Products segment)

The acquisition of The Aseptic Group represents our ongoing commitment to invest in the pharmaceutical and biopharmaceutical industries.
Steve Macadam, President and Chief Executive Officer, EnPro Industries
Advisors not disclosed

No advisory firms have been disclosed for this transaction.

Sources Press release Last updated

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