Dublin-headquartered gross sales, advertising and help providers group DCC has acquired a Minnesota-based contract producer for an enterprise worth of roughly $85m (£72m).
Amerilab Applied sciences specilaises within the manufacture of effervescent dietary merchandise in powder and pill codecs. Its providing consists of product improvement, formulation, manufacturing, packaging and regulatory providers.
The deal is DCC Well being & Magnificence Options’ third acquisition within the US market, following the purchases of Ion Labs in November 2019 and Elite One Supply in February 2018.
Amerilab, which employs 125 individuals and has revenues of roughly $68 million, will proceed to be led by its skilled administration staff.
DCC chief government Donal Murphy stated: “DCC Well being & Magnificence Options offers high-quality providers to main well being and wonder model house owners and direct gross sales organisations.
“The acquisition of Amerilab considerably enhances our current presence within the US market.
“Amerilab will work intently with Ion, Elite One Supply and the companies in Europe to cross-sell the complete breadth of DCC Well being & Magnificence Options’ complete service providing.”
DCC’s presence in North America represents roughly 18 per cent of the group’s capital, with the enterprise using 1,800 individuals within the area.