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Pharma Tech Outlook | Tuesday, April 06, 2021
Tecpharm’s drum coaters, in conjunction with the company’s typical granulation lines and Wurster fluid bed systems, are an ideal complement to Romaco’s pharmaceutical solids processing range.
FREMONT, CA : Romaco Holding, a leading international supplier of processing and packaging equipment has announced the acquisition of STE Tecpharm, a Spanish manufacturer of processing technology. The company will now be known as Romaco Tecpharm, S. L. Romaco has purchased 75 percent of the share capital of STE Tecpharm, S. L., which was previously owner-managed. The remaining 25 percent will be moved in the future. Romaco’s manufacturing sector will be strengthened even further by the purchase of Tecpharm. Tecpharm’s drum coaters, in conjunction with the company’s typical granulation lines and Wurster fluid bed systems, are an ideal complement to Romaco’s pharmaceutical solids processing range.
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“With the takeover of Tecpharm and its patented high-tech tablet coating machines, we can decisively expand our portfolio”, explains Jörg Pieper, Romaco Group. “Tecpharm manufactures drum coaters that embody economic efficiency, reliability and batch flexibility – and therefore perfectly fit the products and quality standards of Innojet and Kilian. This new constellation creates valuable synergistic effects, which we intend to leverage systematically in order to offer our customers state-of-the-art processing solutions. All from one source and cast from one mould. Our processing laboratories will serve as important points of contact worldwide.”
Tecpharm was founded in 2013 as a spin-off of the STE Group by David Mateo, Bárbara Jané, and Pedro Cuadrado. At its current location in Rub (Spain), near Barcelona, the company employs about 30 employees. The production, assembly, and marketing of tablet coating systems are among Tecpharm’s core competencies as a pharmaceutical equipment supplier. In addition, the manufacturer offers a range of wet granulation technologies, both on a laboratory and production scale. Following the deal, Tecpharm will run as a separate Romaco Group Business Entity located in Spain. Besides, David Mateo, the founder of Romaco Tecpharm, S. L., will lead the business.
“I regard the exit to Romaco as a milestone in our relatively young company history,” emphasizes David Mateo, Managing Director, Tecpharm, S. L. “Our integration into such a successful global player will create major growth opportunities for Tecpharm. Our high-quality products are unique and represent real added value for the Romaco Group. The support we get from Romaco’s worldwide sales and service network will allow us to expand the reach of these products enormously and boost our sales accordingly. Moreover, Romaco is a very decentralised organisation, which will ease our integration with our new sister companies at eye level.”
With this new addition to the Romaco family, the company now has five manufacturing facilities in Germany, Italy, and Spain. With technology for producing, refining, and packaging pharmaceutical solids, the European pharmaceutical machinery specialist encompasses the entire process chain. The Romaco Innojet, Romaco Kilian, and Romaco Tecpharm product labels and their wet granulation, pellet coating, tableting, and tablet coating technologies will make up the manufacturing segment in the future.
“The acquisition of Tecpharm, S. L. is a great chance for us to sharpen the product profiles of our processing brands,” adds Pieper. “The aim is to establish Tecpharm as the dominant supplier of coating systems for tablets. Innojet will focus on granulating and coating fine solid particles. Tecpharm’s complementary technologies in this area will be integrated into the Innojet portfolio. That way, we will be optimally positioned across the board.”
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