Dec Group has announced the acquisition of Inno4Life based in Breda, The Netherlands, allowing offering comprehensive solutions for liquid and powder filling equipment used by the pharmaceutical industry. Dec’s micro-dosing technology for powder and Inno4Life’s in-depth knowledge in pharmaceutical packaging equipment are the perfect match to bring forth unique and efficient aseptic filling line solutions both standard and custom-made. Inno4Life will continue to operate under its name and trade under its brand for all of its business activities.
Johan Klootwijk, co-founder and Managing Director of Inno4Life, commented “Dec’s acquisition provides a major growth opportunity for both our businesses through an enhanced service offering for our clients. We will be best positioned to offer outstanding quality solutions and increased effectiveness as a result of combined action and co-operation.” The successful acquisition was coordinated with the support and expertise of specialised life science M&A firm VINC Advisory.
Dec’s CEO, Yves Dietrich said, “There is a `natural synergy` between the two businesses. The acquisition enables Dec to further expand its position as a single-source global solution provider and gives us the opportunity to strategically develop our product portfolio”.