Cormica expands with acquisition of Zwisler Laboratorium
Deal News | Jan 21, 2025 | Limerston Capital LLP
Cormica, supported by UK-based private equity firm Limerston Capital, has acquired Zwisler Laboratorium in Germany. This acquisition marks Cormica's first entry into the German market, aligning with its strategy to expand within Europe. Zwisler, founded in 2001, is known for its innovative testing services tailored for the pharmaceutical, biotech, and medical device industries. The move enhances Cormica's service offerings and bolsters its capacity to support clients across Europe. This acquisition also reflects Cormica's commitment to providing efficient and safe testing services that expedite the deployment of life-saving medical technologies. Key personnel involved include Jane Grewar from Limerston and Mark Hammond, CEO of Cormica. Germany's critical life sciences market makes this a strategic expansion for Cormica.
Sectors
- Life Sciences
- Private Equity
Geography
- Germany – The acquisition of Zwisler Laboratorium marks Cormica's entry into the German market.
- United Kingdom – Limerston Capital, the PE firm backing Cormica, is based in the UK.
Industry
- Life Sciences – The article discusses Cormica's focus on life sciences testing and services, supported by its recent acquisition of Zwisler.
- Private Equity – Limerston Capital's role as the backing private equity firm for Cormica highlights the influence of private equity in strategic acquisitions and expansions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cormica | Acquiring Company | Company | A life sciences testing and consulting leader backed by Limerston Capital. |
| Limerston Capital LLP | Private Equity Firm | Company | A UK-based PE firm supporting Cormica in its acquisition strategies. |
| Zwisler Laboratorium | Target Company | Company | A premier provider of laboratory services in Germany. |
| Jane Grewar | Senior Operating Partner at Limerston Capital | Person | Involved in the acquisition process, emphasizing shared commitments with Zwisler. |
| Mark Hammond | CEO of Cormica Group | Person | Overseeing Cormica’s strategic expansion into Germany. |
| Dr. Zwisler | Former owner of Zwisler Laboratorium | Person | Transitioned ownership to Cormica. |
| Martim Avillez | Founding Partner of Limerston Capital | Person | Contact for more information about the acquisition. |