September 29, 2022
SP Industries Appoints Kevin Sutherby as New President
SP Industries, Inc (SP), a leading global provider of fill-finish drug manufacturing solutions, lyophilizers, and laboratory equipment and supplies, has announced the appointment of Kevin Sutherby as its new President. Mr Sutherby is a seasoned executive with 15+ years’ experience leading global manufacturing companies, including senior leadership positions at Danaher and Fortive, and most recently as Senior Vice President at Lean Focus LLC, a consulting firm that assists clients in developing and implementing lean solutions.
November 7, 2021
ATS Acquires Biopharma Processing, Laboratory Equipment and Labware Provider SP Industries
Cambridge, ON - ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company"), an industry-leading automation solutions provider, today announced it has entered into a definitive agreement to acquire SP Industries, Inc. ("SP"), a designer and manufacturer of high-grade biopharma processing equipment, life sciences equipment, and lab apparatus products for US$445 million (~C$550 million), subject to customary post-closing adjustments, representing 15.3x SP's trailing 12 month adjusted EBITDA or 11.9x post synergies(1).
October 6, 2021
SP Industries Launches EZ-2 4.0 Evaporator Range to Accelerate Breakthroughs in Drug Discovery & Science
SP Industries (SP) announces the launch of its new SP Genevac EZ-2 4.0 Benchtop Evaporator series for the fast, safe and environmentally-friendly removal of all commonly used solvents and acids. Very versatile, it is capable of drying, concentrating, lyophilizing – to a ‘fluffy’ powder - and even producing crystals! The new EZ-2 4.0 centrifugal evaporator makes evaporation effortless, even for the less experienced user. Operators can simply load, set and walk away without any need for specialized training.
August 2, 2021
SP Introduces Time Saving, Recyclable Packaging Initiative
SP Scientific Products (SP) announces a new approach to product packaging as part of its global rebrand initiative and continuous improvement approach. The new task-specific packaging is designed to enhance productivity, alleviate labor costs, and reduce environmental impact. As part of SP's continuous improvement approach to deliver orders to customers faster, the new packaging has reduced packing time from 30 minutes for one set of accessories to just 30 seconds.
June 23, 2021
SP Launches SP Hull LyoStar® 4.0 R&D Freeze Dryer to Enhance Speed to Market in Drug Development
SP Scientific Products (SP) announces the launch of its SP Hull LyoStar® 4.0 R&D and process development freeze dryer designed and built to enhance speed to market of biopharmaceutical products, such as biological drugs. The new LyoStar 4.0 results from SP's extensive lyophilization expertise and represents a significant advancement in freeze dryer engineering.