MonoSol LLC, the world leader in specialty water soluble films, announces the acquisition of Aquafilm Ltd, the premier producer of blown extruded water soluble films based in Worcestershire, England. The acquisition gives MonoSol substantial manufacturing capabilities in Europe and brings together the industry’s most diverse variety of cast films, blown extruded films and edible films to satisfy the widest range of specifications and deliver the best water soluble films to customers worldwide.
With the acquisition, MonoSol expands production of blown extruded water soluble films in North America and expands production of cast water soluble films in Europe, leveraging Aquafilm's significant market success and maintaining Aquafilm's existing U.K. based operations.
"Our complementary technology and our synergistic businesses lead to the creation of a stronger and more diversified global operation," stated P. Scott Bening, CEO of MonoSol LLC. "With a full range of cast films, blown extruded films and edible films, MonoSol now offers the widest variety of water soluble films and technical expertise to better serve our global customers."
More diversified manufacturing and engineering expertise in blown extruded and cast production allow MonoSol to offer the best solution for every application. Added warehouse space and expanded sales and distribution teams enable the company to provide the most responsive service and rapid product delivery worldwide.
The expanded infrastructure also supports MonoSolRx, a new division of MonoSol LLC that was formed when MonoSol acquired Kosmos Pharma Limited. MonoSolRx is now commercialising edible film strips as a fast-dissolve oral drug delivery platform for the pharmaceutical, nutraceutical and veterinary markets worldwide.
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