10 Jul 2013 // Tualatin, Oregon-based SemiTorr acquires the distribution business of AlphaBio, Inc.
Portland, OR – Tualatin-based distributor SemiTorr Group, Inc (www.semitorrinc.com) today announced that it has acquired the distribution assets of AlphaBio, Inc. (www.alphabio.com), headquartered in Rancho Santa Margarita, CA. AlphaBio will be integrated with Global Innovations (www.gi-lifescience.com), the life sciences division of SemiTorr Group. In addition, Global Innovations will become the exclusive distributor of Aquasyn and Artesyn valves and components in the eleven western states (CA, OR, WA, ID, MT, WY, UT, CO, NV, AZ and NM) and Texas.
Throughout its 25 year history, SemiTorr has achieved significant organic growth through its effective customer service, best-in-class product offering, and its world-class, technical sales team. With the acquisition of AlphaBio’s distribution business, SemiTorr plans to bring these capabilities to the life sciences market via Global Innovations. Further, this acquisition represents the opportunity to combine Global Innovations’ distribution network and regional strength with AlphaBio’s strong product suite and customer relationships.
AlphaBio is a leading specialty distributor of high purity flow control systems and components used to transport fluids and chemicals in the manufacturing processes of the life sciences and medical device industries.
Mike Frank, SemiTorr’s President, will continue to serve as General Manager of Global Innovations, overseeing the integration and on-going operations of the two businesses. “We believe the combination of our geographic footprint serving the Western U.S. and our focus on technical sales provides a unique platform upon which AlphaBio’s distribution business can continue to grow and thrive.”
Michael Gagne, AlphaBio’s President, said, “I think this acquisition makes sense on a number of levels. Global Innovations is positioned to grow this business in a way that has not been possible to date. The breadth and scalability of the distribution offerings are significant when combined with the existing, Global Innovations, platform. In addition, this will enable AlphaBio to focus on its other business segments. I am confident that the Global Innovations team will rapidly integrate this acquisition and make it the market leading success we all envision in short order. ”
SemiTorr Group, Inc. (www.semitorrinc.com) was founded in 1988. Originally serving the Pacific Northwest, SemiTorr expanded to support a wide array of markets throughout the western United States. SemiTorr currently has three distribution centers in Livermore, CA., Chandler, AZ., and Tualatin, OR. Global Innovations was founded in 2011 as part of its corporate strategy to expand into life sciences and to further leverage its professional sales and distribution infrastructure that is in very close proximity to leading bio-tech, pharmaceutical and medical device companies. For more information, call 503-682-7052 (Portland, OR.).
AlphaBio, Inc. (www.alphabio.com) Founded in 1986, AlphaBio, Inc., is a system integrator and service provider to the global Biopharm Industry. Having serviced this market segment since its inception, we have developed a level of process systems expertise that is unmatched in the industry. Whether you require a state of the art “Single Use” Process System or on site services for your local facility, we can help.