News & Views
Telstar Takes a Major Step into the French Market
Jun 07 2010
The Telstar Group has acquired French company Usifroid which is internationally recognized for the development and supply of GMP lyophilisers for the pharmaceutical markets and for pioneering the use of liquid
nitrogen (LN2) refrigeration technology in freeze drying.
This acquisition reinforces Telstar’s position in the international life sciences market and consolidates its position in Europe with a French market share of 80% in freeze drying equipment solutions for the
pharmaceutical industry.
Within the Telstar Group, the Usifroid brand and product range will be retained in all markets. Jordi Puig, Corporate Business Director of Telstar Life Sciences said: “The incorporation of Usifroid into the Telstar Group equates not only to expansion of our activities internationally, but also adds new know-how and expertise in the freeze drying field and helps consolidate our position in the European market by having an operations and services in France.”
“Joining the Telstar group brings to Usifroid not only the support it has always needed to develop its activities but also the understanding and experience of a group which knows the requirements of excellence
needed by an equipment business dedicated to the life sciences market.” said Benoit d’Armancourt, General Manager of Usifroid.
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