Systech, part of Markem-Imaje and Dover, and a leader in digital traceability and serialization, has acquired Pharmacontrol Electronic GmbH (PCE), a European pharmaceutical track-and-trace solutions provider.

This acquisition enhances Systech’s product offerings and enables it to offer a more comprehensive product portfolio to its customers. PCE’s track-and-trace solutions are deployed in hundreds of European pharmaceutical packaging lines, all of which will now benefit from Systech’s category-leading innovations.

Furthermore, adding PCE expands Systech’s customer support capabilities and ensures even higher service levels to a broader and more geographically diverse customer base. Systech will leverage PCE’s existing team and operations in Oberlungwitz and Heppenheim, Germany, and base its new European headquarters out of Heppenheim.

This acquisition represents a strategic step in Systech’s global expansion and positions Systech to deliver even higher value to its European customers.

“We are thrilled to have PCE join us to further our mission of empowering pharmaceutical companies to gain supply chain visibility for regulatory compliance and to combat diversion and counterfeiting,” said Sreedhar Patnala, General Manager, Systech. “Our customers will now have an even stronger partner with an expanded portfolio, increased satisfaction, and a promising future.”

Other Pharma Industry Acquisitions

Check out Contract Pharma’s 2024 Pharmaceutical Industry Mergers & Acquisitions Roundup.