Leading life sciences company based in Shannon acquired by global medical supplies provider
ONE OF THE leading providers of outsourced medical supplies, BioTouch have acquired Titan Solutions, a leading provider of logistics, kitting, and life sciences supply chain management solutions based in Shannon.
CEO of BioTouch Ruth Abdulmassih commented: "The addition of Titan's expertise in logistics, kitting, and life sciences supply chain management solutions, combined with our existing capabilities, will allow us to better support our customers in managing their most critical specimens and supplies, regardless of their location in the world.
“We are particularly excited to welcome Titan's experienced management team, whose proven track record and industry knowledge will be an asset to our organization.
“With the integration of our teams, we are confident that we will achieve even greater success in providing exceptional services and solutions to our customers in the life sciences industry," she added.
Echoing Ruth’s comments, Paul Collins CEO of Titan Solutions reiterated: “Titan’s unique position as a Gateway to Europe and Rest of World strengthens BioTouch’s global presence,” while also emphasizing the strategic fit and seamless connectivity between both companies who have been trading partners for many years.
“BioTouch is a strong performer in our portfolio, and we are excited to see the company continue to grow and expand its international capabilities,” said Andy Wilkins, Managing Partner at Atlantic Street Capital.
“This acquisition supports the Company’s strategy for global expansion, new temperature control product development, and material growth within the clinical trials and pharma industries. The Company will continue to grow through both organic growth initiatives and acquisitions of unique and complementary businesses like Titan Solution,” he added.