Solo Containment acquired by American manufacturer

Hazel Grove based supplier to the pharmaceuticals manufacturing industry, Solo Containment, has been acquired by American firm, ILC Dover.

Solo Containment is a specialist manufacturer of flexible film isolators used in the manufacture of pharmaceuticals and other life sciences products, and has built a global customer base since its establishment in 2011.

The acquisition by ILC Dover, which supplies a range of flexible, single-use items for pharmaceutical manufacturing, allows the firm to expand its existing product offering, as well as give the American firm a greater presence in the European market.

Fran DiNuzzo, President and CEO of ILC Dover, said:

ILC Dover is pleased to share this exciting news. Solo Containment is an innovative company that has pushed the boundaries of containment and is aligned with our commitment to customer-driven, single-use solutions, and the significant value they bring to the industry.

“We have experienced incredible success with single-use solutions for our pharm and biopharma customers, and we’re confident that Solo is the right partner to expand that success. We look forward to building on Solo’s track record and reputation of innovation and customer centricity.”

Martyn Ryder, the founder of Solo Containment, will remain with the Company. He said:

Partnering with ILC Dover is an exciting step towards continued investment in innovation for Solo.

“ILC Dover shares our vision of the future of flexible containment, and we look forward to delivering best-in-class performance and tremendous product value to our global customer base.”

This is the first acquisition ILC Dover has completed since announcing a partnership earlier this year with New York-based New Mountain Capital, a leading growth-oriented investment firm with over $28 billion in assets under management. Andre Moura, Managing Director at New Mountain and Chairman of the Board at ILC Dover, said of the acquisition,

New Mountain is pleased to welcome Solo Containment into ILC Dover. We believe the combination of the two companies will drive significant benefits to customers. Solo represents a strong step as ILC Dover executes on its growth strategy in partnership with New Mountain Capital.”