Laboratory automation company Astech Projects has been acquired by German holding company the Schauenburg International Group. Astech Projects manufactures the Xelair, Xelize, and Xelox ranges of automated inhaler testing systems and offers systems for nasal spray and blister strip testing as well.
According to the announcement, all of the management and operations of Astech Projects will continue unchanged.
Schauenburg International CEO Florian G. Schauenburg commented, “Astech will form an interesting part and a new market and technology segment within our portfolio with great potential and synergies. It will support and complement our efforts as technology and system supplier and to a variety of activities such as e.g. the analytical and environmental monitoring market.”
Astech Projects Managing DirectorChris Hansford, said ‘We are delighted about the opportunities that will arise from Schauenburg’s investment in Astech. Joining the Schauenburg Group allows us to maintain our operational independence whilst benefiting from a wealth of management experience. We’re proud of our achievements in laboratory and industrial automation over the last 20 years and feel this is the right choice for the next phase of Astech’s growth in our current markets and beyond. Our shared passion for innovation and quality means that we’ll make a strong team.”
Read the Astech Projects and Schauenburg International press release.
