Acquisition/Merger

Terracon Acquired By ChargePoint Technology

January 06,2022 11:12 AM
- By Admin

Acquisition will further support the customers of ChargePoint Technology and Terracon collectively.

Acquisition will further support the customers of ChargePoint Technology and Terracon collectively. ChargePoint Technology, the powder transfer specialist, has acquired Terracon Corporation, a leader in the design, development, and manufacture of single-use products and accessories for mixing, transferring, and storing liquids and fluids in the biopharma and life science markets. 

 
This acquisition will further support the customers of ChargePoint Technology and Terracon collectively, through a range of collaborative solutions provided by the specialists in powder, liquid and fluid transfer equipment for the pharma and biopharma industries.
 
Founded in 1976, Terracon has developed engineering expertise and workflow knowledge that produce innovative customer solutions with fast lead times. Terracon combines design and engineering know-how with ISO 9001-certified manufacturing to create liquid mixing, transfer, and storage products that solve customers’ application-specific problems and enhance productivity. The company’s single-use solutions are used in thousands of biopharma and life science customers’ facilities globally.
 
"Terracon has vast technical expertise in liquid and fluid mixing, transfer, and storage with a broad portfolio of products that customers rely on for critical process applications,” said Chris Eccles, CEO of ChargePoint. “With its extensive product knowledge and application-engineered solutions as well as its relentless customer focus, Terracon offers leading solutions to highly regulated segments, including biopharma and ultra-pure water, along with several other high-value markets. We are very excited to welcome Terracon to the ChargePoint family.”
 
"I am thrilled at this opportunity to partner with ChargePoint for the next stage of our collective growth," said Chris McNary, president of Terracon. "I would particularly like to thank all our employees who have contributed to our journey so far. We are all driven to make liquid management cleaner, safer, and more efficient for our customers and ensuring Terracon and ChargePoint remain suppliers of choice in our industry.