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Millipore acquires NovAseptic AB
Massachusetts | Thursday, August 11, 2005, 08:00 Hrs  [IST]

Millipore Corporation has completed the acquisition of over 90% of the shares of NovAseptic AB from the company's majority shareholders. Millipore is in the process of acquiring the remaining shares from the minority shareholders.

NovAseptic, based in Gothenburg, Sweden, provides a range of innovative solutions for aseptic processing applications in biotech and pharmaceutical manufacturing operations. NovAseptic's products include disposable sampling system (NovaSeptum) and a range of high-performance mixers, valves, and connectors.

Martin Madaus, Millipore's chairman, CEO and president, noted: "NovAseptic brings innovative and differentiated products that our biotech and pharmaceutical customers value highly for manufacturing biologics and for monitoring bio-manufacturing processes. There is a great fit strategically and tactically, and we've added exceptional technology and talent to Millipore."

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