Masco Group Acquires High Purity division of MarCor

Stilmas has acquired the High Purity division of MarCor, based in Burlington, Ontario, Canada. The transaction became effective on November 1, 2018.

The new company, to be known as Stilmas Americas, will be the hub for selling, engineering, manufacturing and servicing Stilmas equipment in North America, and will be the only player able to offer the complete range of pure media technologies across the entire North American market.

The Masco Group has a presence in three continents. Its European headquarters is in Milan, Italy and it also has manufacturing and servicing operations in Paris, France and a commercial and service office in Russia. In Asia it has an autonomous engineering and manufacturing facility in Shanghai, China, to serve the local market, while in North America an existing commercial and service office in Pennsylvania, USA, will be complemented by the newly acquired Canadian autonomous engineering and manufacturing facility.

Sales in 2018 are approximately €95 million, with pharmaceutical majors accounting for 90% of turnover and top tier cosmetics companies for the remaining 10%. Masco's main markets are the EU, South America, China, the Middle East and India.

MarCor specializes in manufacturing standard and custom engineered turnkey equipment platforms that comply with current USP Purified Water (PW) and Water For Injection (WFI) standards, along with all the supporting validation documentation. As Stilmas North Americas it will add to its current product portfolio a wide range of WFI stills, vapor compressors, pure steam generation systems and turnkey capabilities, becoming a complete solution provider and aiming to be the number one clean media supplier in the USA and Canada. At the same time, the MarCor range of platforms will be marketed globally by Masco and particularly Stilmas.

"We have found in the High Purity Business line of MarCor the perfect complementary match of products and competences," said Alberto Borella, CEO, Masco Group. "Stilmas Americas will become the reference clean media provider in North America."

Masco Group intends to make significant investments in people, capital equipment and manufacturing space, with the aim of doubling the current sales of Stilmas Americas within the next two years.

"We are excited that we now have a complete portfolio of state-of-the-art biopharma water products that will allow us to provide our customers with complex turnkey solutions," commented Benjamin Roczniak, President Stilmas Americas.

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