Savillex Expands its Global Footprint with the Acquisition of ONFAB by Thompson Street Capital Partners
Gracie Gottlieb | 8 November, 2023
Savillex, a leading provider of high-performance rigid plastic container solutions for the life science industry, has announced its acquisition of ONFAB. The acquisition was made possible through the partnership of Savillex and Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis. This strategic move establishes Savillex as a leader in innovative containment solutions for the global pharmaceutical, biopharmaceutical, and contract manufacturing organizations.
With the addition of ONFAB, Savillex can now offer a wider range of container and containment solutions to its customers. The merger combines the engineering and production capabilities of both companies, as well as their extensive product portfolios. Savillex, known for its expertise in rigid containers, customer container projects, and closed mixing systems, has earned the trust of many of the world's largest pharmaceutical and biopharmaceutical companies. The acquisition of ONFAB further strengthens Savillex's ability to provide industry-leading containment solutions to its global life sciences customers.
ONFAB, founded in 2004, specializes in designing and fabricating innovative flexible isolator systems for pharmaceutical manufacturing processes. These custom-made systems are tailored to meet the unique needs of each customer, offering protection from highly potent pharmaceutical ingredients. In addition to enhancing user safety, ONFAB's solutions also reduce manufacturing costs, minimize cleaning and cleaning validation times, and shorten equipment changeout downtime.
By joining forces with Savillex, ONFAB's customers and channel partners gain access to a full suite of custom rigid container solutions, enabling them to tackle their most important and time-sensitive projects. The partnership also expands the Savillex brand's international footprint, enhancing its ability to serve global customers.
Matt Scherrer, Managing Director of TSCP, expressed his excitement about partnering with ONFAB's management team, acknowledging their impressive capabilities in custom, single-use flexible containment design and manufacturing. The collaboration between Savillex and ONFAB will accelerate the ongoing growth of Savillex and further solidify its position as a leader in the industry.
Thompson Street Capital Partners (TSCP) is a private equity firm that focuses on investing in founder-led middle market businesses. With a strong track record, TSCP has acquired over 200 companies in various sectors, including Life Sciences & Healthcare Services, Software & Technology, and Business Services & Consumer Products. By partnering with management teams, TSCP aims to increase value by driving organic growth and pursuing complementary acquisitions.
Savillex, founded in 1976, has established itself as a trusted provider of high-quality container solutions for various industries, including the life science, semiconductor, aerospace, and geochemistry sectors. With headquarters and manufacturing facilities in Eden Prairie, Minnesota, Savillex strives to deliver the best container solutions to users worldwide, regardless of the application.
In conclusion, the acquisition of ONFAB by Savillex, with the support of Thompson Street Capital Partners, marks a significant milestone for the companies and the industry as a whole. Savillex's expanded capabilities and global presence will undoubtedly benefit its customers in the pharmaceutical, biopharmaceutical, and contract manufacturing sectors, paving the way for more innovative containment solutions in the future.
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