Medical technology company from Göttingen takes over filtration experts

Medical technology company from Göttingen takes over filtration experts

Techniques for effective filtration, separation and purification of substances are of great importance in biotechnology. Corresponding solutions have always been part of the range of products and services offered by Sartorius AG, a pharmaceutical and laboratory supplier based in Goettingen, Germany. Sartorius is one of the largest companies in Germany. With the acquisition of the U.S. purification technology company WaterSep BioSeparations LLC, Sartorius is now expanding its activities in this field. This article is based on the unique List of the 100 largest medical technology companies in Germany.

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Purchase via the Sartorius Stedim Biotech subgroup

WaterSep BioSeparations in Marlborough, Massachusetts, employs 15 people and generates annual sales of around EUR 2.5 million with excellent growth prospects. The company offers disposable and reusable hollow fiber membrane systems as well as pre-sterilized units for purification processes in the biopharmaceutical industry – a distinctly niche segment. Until now, WaterSep BioSeparations was privately held. Sartorius is buying the company for around 27 million US dollars. In addition, an earn-out component was agreed: up to an additional nine million dollars is to be paid out if certain sales targets are achieved by 2023.

Sartorius has been around since 1870 and, with its approx. 10,000 employees, is one of the 15 largest companies in Lower Saxony.
The Group comprises the two divisions Bioprocess Solutions and Lab Products & Services. The Bio Process Solutions division focuses on filtration, fermentation, fluid management and purification with a focus on the biopharmaceutical industry. The biotechnology activities are combined in the Sartorius Stedim Biotech subgroup. The subgroup was created in 2007 by merging the Biotechnology Division of Sartorius with the French biotech company Stedim S.A.. Sartorius Stedim Biotech has now acted as the buyer for WaterSep BioSeparations. The subgroup thus intends to live up to its claim of being a leading global technology provider for the biopharmaceutical industry.
Source: Pressebox Image source: Unsplash

Medical Technology Industry ReportIn our sector report on the German medical technology industry, you will find detailed information on areas of activity, an overview of the locations and clusters of the medical technology industry, key financial figures as well as insights into the gender distribution and sustainability efforts of the industry.

 

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