AAIPharma Services acquires Celsis Analytical


Wednesday, January 4, 2012 at 10:30 by Wayne Faulkner

 AAIPharma Services Corp. has acquired Celsis Analytical Services.

The deal creates one of the largest materials testing businesses in the U.S., Wilmington-based AAIPharma said Wednesday.

Celsis Analytical is a division of Celsis International Ltd. that performs material testing services for the the pharmaceutical, biotechnology and manufacturing sectors.

“The addition of Celsis Analytical Services will enable AAIPharma to expand its market presence in two key regions,” AAIPharma CEO Patrick Walsh said in a statement. “Our combined company will bring a differentiated offering to the contract services market with an integrated development and material testing service model.”

The acquisition includes 65,000 square feet of laboratory operations in St. Louis and Edison, N.J.

Source: http://business.blogs.starnewsonline.com/18018/aaipharma-services-acquires-celsis-analytical/