Country for PR: United States
Contributor: PR Newswire New York
Wednesday, September 09 2020 - 15:00
AsiaNet
ILC Dover Acquires Solo Containment, a Leading UK-Based Provider of Products Used in Pharmaceutical and Biopharmaceutical Manufacturing
FREDERICA, Delaware, Sept. 9, 2020 /PRNewswire-AsiaNet/ --

ILC Dover, Inc. ("ILC Dover" or the "Company"), a world leader in the design 
and production of single-use flexible solutions for pharmaceutical and 
biopharmaceutical manufacturing, today announced the acquisition of Solo 
Containment, Ltd. ("Solo"), a specialist manufacturer of flexible film 
isolators based in the United Kingdom. The acquisition will grow ILC Dover's 
global pharmaceutical and biopharmaceutical business, expanding its solutions 
for high containment and powder transfer to include aseptic flexible isolators, 
among others. 

Photo - https://mma.prnewswire.com/media/1250421/ILC_Dover_Solo_Containment.jpg

Solo has supported the life sciences market since 2011, providing customers 
across Europe, North America, Asia, and Australia, with advanced flexible film 
containment solutions. Solo's flagship products include flexible film 
containment isolators, targeting niche HPAPI applications for pharmaceutical 
processing and include many custom-designed platforms. Solo has pioneered 
single-use aseptic processing isolators using uni-directional high-volume 
airflows, and today, all of Solo's products are based on single-use platforms, 
a design principle that aligns directly with ILC Dover's leadership in 
single-use flexible powder solutions for high containment. The combined 
capability set between ILC Dover and Solo will enable pharmaceutical and 
biopharmaceutical manufacturers to further eliminate costly cleaning processes 
and achieve maximum productivity and safety without sacrificing reliability.  

ILC Dover's featured brands, which include DoverPac(R), EZ BioPac(R), and 
ArmorFlex(R), will now be supplemented with a range of HPAPI containment and 
aseptic isolator operating platforms and industry-leading brands from Solo, 
including soloASEPTIC, soloLAB, soloFLEX, soloVERSO, and soloADC. The 
acquisition also provides ILC Dover with a center of excellence in Europe, 
facilitating even greater support and responsiveness to customers in that 
region.

"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," said Fran DiNuzzo, President and 
CEO of ILC Dover. "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."

"Partnering with ILC Dover is an exciting step towards continued investment in 
innovation for Solo," said Martyn Ryder, the founder of Solo who will remain 
with the Company. "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." 

About ILC Dover
ILC Dover is a world-leader in the innovative design and production of 
engineered flexible protective solutions for pharmaceutical and 
biopharmaceutical, flood protection, personal protection, bulk packaging, and 
aerospace industries. Our customers will attest to our relentless dedication to 
high value products, advanced technology, and responsive service, as our 
visionary solutions have improved efficiency while safeguarding people, 
product, and infrastructure in hazardous conditions through flexible protective 
solutions since 1947. For more information on ILC Dover, please visit 
ilcdover.com.

About New Mountain Capital
New Mountain Capital is a New York-based investment firm that emphasizes 
business building and growth, rather than debt, as it pursues long-term capital 
appreciation. The firm currently manages private equity, public equity, and 
credit funds with over $28 billion in assets under management. New Mountain 
Capital seeks out what it believes to be the highest quality growth leaders in 
carefully selected industry sectors and then works intensively with management 
to build the value of these companies. For more information on New Mountain 
Capital, please visit newmountaincapital.com ( 
https://c212.net/c/link/?t=0&l=en&o=2910856-1&h=3336714600&u=http%3A%2F%2Fwww.newmountaincapital.com%2F&a=newmountaincapital.com 
). 

Source - ILC Dover, Inc.

CONTACT: Michael Mills, mikem@sagefrog.com

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