Wasdell acquisition to support outsourced supply chain in Europe

By Maggie Lynch contact

- Last updated on GMT

(Image: Getty/goralikus)
(Image: Getty/goralikus)

Related tags: Supply chain, Europe, Brexit, Uk, Manufacturing, Packaging

Wasdell Group has acquired specialist manufacturer and packager, Honeywood Limited in an aim to build its manufacturing and packaging capacity in the UK to support European supply chain.

The acquisition of the Northampton, UK based company will expand Wasdell’s capacity in Britain at the company’s Newcastle-upon-Tyne facility to support the company’s increasing demand for outsourced pharmaceuticals.

Vincent Dunne, CEO of Wasdell said in a statement, “By increasing our capacity and service offerings here in the UK, we will be able better service our growing client base in the US as they look to Wasdell to provide a fully outsourced supply chain for their products within Europe.”

Wasdell is set to also meet the demands of its customers in the EU as it opens its European headquarters​ in Ireland later this month​.

Martin Tedham, chairman of the Wasdell group said in a statement that Honeywood’s oral liquid manufacturing capabilities in particular, will allow Wasdell to increase capacity at its UK facility which demand calls for.

Dunne added the increased capacity offerings in the UK will enable the company to provide a fully outsourced supply chain in Europe. Along with a bolstered supply chain, Tedham said, “customers will benefit from expanded services, capacity, and continuity.”

Financial details of the deal have yet to been announced.

Related news

Related products

show more

What do big pharma companies spend on R&D?

What do big pharma companies spend on R&D?

Zymewire | 15-Aug-2019 | Technical / White Paper

The free Big Pharma R&D Spend report examines the financial performance and research & development investments of the top 25 pharmaceutical companies...

Stability Testing As a Quality Control Measure

Stability Testing As a Quality Control Measure

Frontage Laboratories | 19-Jun-2019 | Technical / White Paper

Stability testing is, in essence, a quality control process and is there¬fore a vital component of every phase of clinical development for both large and...

Related suppliers

Follow us

Products

View more

Webinars