£7M deal to buy US company

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A Cornish company has strengthened its market position on the global stage with the £7 million acquisition of an American business.

Watson Marlow 2

Falmouth-based Watson-Marlow Fluid Technology Group, a world leader in ‘niche peristaltic pumps and associated fluid path technologies’, has acquired ASEPCO Corporation (Asepco), through its parent company Spirax-Sarco Engineering plc.

Asepco, based in California, specialises in the design and manufacture of high purity aseptic valves and magnetic mixers for the bioprocessing industry.

Jay Whalen, president of the Watson-Marlow Fluid Technology Group, said: “The strategic acquisition of Asepco further broadens our product range and strengthens Watson-Marlow’s position in the biopharmaceutical market.”