{"id":409171,"date":"2021-01-06T05:03:15","date_gmt":"2021-01-06T10:03:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409171"},"modified":"2021-01-06T05:03:15","modified_gmt":"2021-01-06T10:03:15","slug":"sartorius-to-acquire-novaseps-chromatography-process-equipment-division","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sartorius-to-acquire-novaseps-chromatography-process-equipment-division\/","title":{"rendered":"Sartorius to acquire Novasep&#8217;s chromatography process equipment division"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Proposed transaction builds on both companies&#8217; strategic R&amp;D partnership<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Strengthens Sartorius position in downstream bioprocessing<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>G\u00d6TTINGEN, <span><span class=\"xn-location\">Germany<\/span><\/span>, <span class=\"xn-chron\">Jan. 6, 2021<\/span> \/PRNewswire\/ &#8212; The life science company Sartorius today announced it has entered into an agreement through its subgroup Sartorius Stedim Biotech to acquire the chromatography process equipment division of Novasep. The parties agreed not to disclose the purchase price until the necessary regulatory approvals have been obtained. Novasep&#8217;s division expects to generate sales revenue of approximately 37\u00a0million euros in 2020 at double-digit profit margins and employs approximately 100 people, the majority of whom work at its Pompey site in northern <span class=\"xn-location\">France<\/span> and some in the <span class=\"xn-location\">USA<\/span>, <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">India<\/span>. The proposed transaction is subject to antitrust approvals and the information and consultation of Novasep&#8217;s works council and is expected to close during the first half of 2021.<\/p>\n<div id=\"prni_dvprnejpg3606left\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpg3606left\" title=\"Sartorius Logo\" border=\"0\" alt=\"Sartorius Logo\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/1123369\/Sartorius_Logo.jpg\" \/>\n      <\/div>\n<p>Novasep&#8217;s chromatography unit comprises resin-based batch and intensified chromatography systems, and primarily focuses on high-pressure, multi-use applications for smaller molecules, such as oligonucleotides, peptides and insulin. Since 2018, Novasep and Sartorius have been collaborating in the joint development of an optimized system for a membrane-based, low-pressure chromatography that processes larger molecules more productively and that will be launched soon.<\/p>\n<p>&#8220;I am pleased that we will intensify our successful collaboration with the Novasep team, soon to be under the Sartorius roof,&#8221; said Dr. Ren\u00e9 F\u00e1ber, Head of the Sartorius Bioprocess Solutions Division and Executive Board member. &#8220;The Novasep portfolio will perfectly complement our existing chromatography offering and allow us to provide customers with more options for their manufacturing processes. Efficient DSP has remained a challenge in our industry for years, and Sartorius is committed to helping accelerate and simplify this crucial step so that new drugs can be manufactured much more efficiently. &#8220;<\/p>\n<p>&#8220;This deal <span class=\"xn-money\">marks one<\/span> of the first steps in our Rise-2 strategic program to focus the group towards our core business&#8221; said Dr. <span class=\"xn-person\">Michel Spagnol<\/span>, President &amp; CEO of Novasep. &#8220;We are delighted to strengthen our relationship with the Sartorius team and believe it will be a great opportunity for the chromatography equipment business to fully deliver its potential and accelerate its growth under this new ownership. &#8220;<\/p>\n<p>This press release contains forward-looking statements about the future development of the Sartorius Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius assumes no liability for updating such statements in light of new information or future events. This is a translation of the original German-language press release. Sartorius shall not assume any liability for the correctness of this translation. The original German press release is the legally binding version.<\/p>\n<p>\n        <b>About Sartorius<\/b>\n      <\/p>\n<p>The Sartorius Group is a leading international partner of life science research and the biopharmaceutical industry. With innovative laboratory instruments and consumables, the Group&#8217;s Lab Products &amp; Services Division concentrates on serving the needs of laboratories performing research and quality control at pharma and biopharma companies and those of academic research institutes. The Bioprocess Solutions Division with its broad product portfolio focusing on single-use solutions helps customers to manufacture biotech medications and vaccines safely and efficiently. The Group has been annually growing by double digits on average and has been regularly expanding its portfolio by acquisitions of complementary technologies. In fiscal 2019, the company earned sales revenue of some <span class=\"xn-money\">1.83 billion euros<\/span>. At the end of 2019, more than 9,000 people were employed at the Group&#8217;s approximately 60 manufacturing and sales sites, serving customers around the globe.<\/p>\n<p>\n        <b>About Novasep <\/b>\n      <\/p>\n<p>Novasep is a global provider of cost-effective and sustainable manufacturing solutions for life sciences molecules and fine chemicals. Novasep&#8217;s unique offering includes process development services, purification equipment and turnkey processes, contract manufacturing services and complex active molecules to serve pharmaceutical, biopharmaceutical, fine chemical, food and functional ingredients, as well as fermentation and chemical commodities industries. <a target=\"_blank\" href=\"http:\/\/www.novasep.com\/\" rel=\"nofollow noopener noreferrer\">http:\/\/www.novasep.com<\/a><\/p>\n<p>\n        <b>Sartorius contact\u00a0 <br \/><\/b>Petra Kirchhoff\u00a0 <br \/>Head of Corporate Communications and Investor Relations\u00a0 <br \/>+49 (0)551.308.1686\u00a0\u00a0 <br \/><a target=\"_blank\" href=\"mailto:petra.kirchhoff@sartorius.com\" rel=\"nofollow noopener noreferrer\">petra.kirchhoff@sartorius.com<\/a>\u00a0\u00a0 <br \/><a target=\"_blank\" href=\"http:\/\/www.sartorius.com\/\" rel=\"nofollow noopener noreferrer\">www.sartorius.com<\/a><\/p>\n<p>\n        <b>Novasep contacts\u00a0 <br \/><\/b>Brice Roquet \/ Laure Saloin\u00a0 <br \/>Communication Project Managers\u00a0 <br \/>+33 7 77 94 37 55 \/ +33 7 77 94 37 52\u00a0 <br \/><a target=\"_blank\" href=\"mailto:brice.roquet@novasep.com\" rel=\"nofollow noopener noreferrer\">brice.roquet@novasep.com<\/a> \/ <a target=\"_blank\" href=\"mailto:laure.saloin@novasep.com\" rel=\"nofollow noopener noreferrer\">laure.saloin@novasep.com<\/a><\/p>\n<p>Follow Sartorius on\u00a0<a target=\"_blank\" href=\"https:\/\/twitter.com\/sartorius_group\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>\u00a0@Sartorius_Group and on\u00a0<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/sartorius-stedim-biotech\/\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN38702&amp;sd=2021-01-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/sartorius-to-acquire-novaseps-chromatography-process-equipment-division-301201842.html\">http:\/\/www.prnewswire.com\/news-releases\/sartorius-to-acquire-novaseps-chromatography-process-equipment-division-301201842.html<\/a><\/p>\n<p>SOURCE  Sartorius AG<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN38702&amp;Transmission_Id=202101060500PR_NEWS_USPR_____LN38702&amp;DateId=20210106\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Proposed transaction builds on both companies&#8217; strategic R&amp;D partnership &#8211; Strengthens Sartorius position in downstream bioprocessing PR Newswire G\u00d6TTINGEN, Germany, Jan. 6, 2021 \/PRNewswire\/ &#8212; The life science company Sartorius today announced it has entered into an agreement through its subgroup Sartorius Stedim Biotech to acquire the chromatography process equipment division of Novasep. The parties agreed not to disclose the purchase price until the necessary regulatory approvals have been obtained. Novasep&#8217;s division expects to generate sales revenue of approximately 37\u00a0million euros in 2020 at double-digit profit margins and employs approximately 100 people, the majority of whom work at its Pompey site in northern France and some in the USA, China and India. The proposed transaction is subject to antitrust &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sartorius-to-acquire-novaseps-chromatography-process-equipment-division\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sartorius to acquire Novasep&#8217;s chromatography process equipment division&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409171","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sartorius to acquire Novasep&#039;s chromatography process equipment division - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sartorius-to-acquire-novaseps-chromatography-process-equipment-division\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sartorius to acquire Novasep&#039;s chromatography process equipment division - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Proposed transaction builds on both companies&#8217; strategic R&amp;D partnership &#8211; Strengthens Sartorius position in downstream bioprocessing PR Newswire G\u00d6TTINGEN, Germany, Jan. 6, 2021 \/PRNewswire\/ &#8212; The life science company Sartorius today announced it has entered into an agreement through its subgroup Sartorius Stedim Biotech to acquire the chromatography process equipment division of Novasep. The parties agreed not to disclose the purchase price until the necessary regulatory approvals have been obtained. Novasep&#8217;s division expects to generate sales revenue of approximately 37\u00a0million euros in 2020 at double-digit profit margins and employs approximately 100 people, the majority of whom work at its Pompey site in northern France and some in the USA, China and India. 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The parties agreed not to disclose the purchase price until the necessary regulatory approvals have been obtained. Novasep&#8217;s division expects to generate sales revenue of approximately 37\u00a0million euros in 2020 at double-digit profit margins and employs approximately 100 people, the majority of whom work at its Pompey site in northern France and some in the USA, China and India. 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