ABEC to Acquire Kells Stainless Ltd. to Further Expand Global Manufacturing Capacity

Bethlehem, PA USA and Kells, Co. Meath, Ireland – May 14, 2015

ABEC today announced the signing of a definitive agreement to acquire the assets of Kells Stainless Ltd., a leading supplier of process vessels and related equipment to the biopharmaceutical industry. This acquisition will further support ABEC’s global operations and growing customer base in Ireland and Europe. Earlier this year, ABEC announced the opening of their European Headquarters and Manufacturing Centre in Fermoy, Co. Cork, which is expected to be operational in June 2015.

Kells Stainless has been in operation for over 27 years, and serves both domestic and   international   customers   from   its facility in Co.  Meath.  The  acquisition  enables  ABEC to dedicate its 8,000m2 of  new  manufacturing  space in Fermoy entirely to bioprocess  systems  assembly  and  test,  and further increases ABEC’s industry-leading capacity dedicated to biopharmaceutical manufacturing equipment.

ABEC President and CEO Scott Pickering said, “Kells Stainless has an excellent reputation in the industry for quality, integrity, and credibility, which are key core values for ABEC. Their experience and capabilities will be an asset to our global operations, and we are excited they are joining the ABEC team.

About ABEC

Since 1974, ABEC has been a global leader in delivering integrated process solutions and services for manufacturing in the biopharmaceutical industry. A majority of the world’s pharmaceutical and biotech companies are ABEC customers; with many of today’s leading therapies manufactured by processes and equipment engineered, manufactured, installed and serviced by ABEC. ABEC’s unique value is based on long experience, complete in-house capabilities, a custom flexible approach, and long-term credibility. Whether adding capacity or improving existing facilities, ABEC’s turn-key solutions and support services reduce overall cost and time to market while delivering maximum productivity. To learn more about ABEC, visit, https://www.abec.com, http://www.abecsingleuse.com, email info@abec.com and follow us on LinkedIn.

 

For more information contact:

Emily Smith, Marketing Coordinator, ABEC esmith@abec.com, +1 (610) 861-4666