ORMOND BEACH, FL, October 31, 2022 /24-7PressRelease/ -- Economic Development is proud to announce the expansion of Germfree Laboratories through the EW Healthcare Partners acquisition. Germfree has been making an impact on the Ormond Beach community for over 20 years.
EW Healthcare Partners acquired Germfree Laboratories on October 18, 2022. Germfree is located in the Ormond Beach Airport Business Park and manufactures modular clean rooms and clean room equipment. EW Healthcare Partners, established in 1985, is one of the largest and oldest private healthcare investment firms.
This acquisition will help fuel Germfree's growth here in the City. "EW Healthcare Partners is the perfect partner to foster and fuel Germfree's growth journey," said Kevin Kyle, President and CEO of Germfree. "Our shared mission to deliver innovation in healthcare and biopharma, and their commitment to our next stages of growth and long-term success, makes this a tremendous strategic fit. Further, EW's expertise and experience in advanced therapeutics and their extensive global network adds synergy as we expand our solutions to meet the fast-growing demands in segments such as cell and gene therapy."
The Ormond Beach Economic Development is confident this acquisition will help the company grow in Ormond Beach. "The City is proud to watch Germfree continue to grow," said Ormond Beach Mayor Bill Partington, "as a company engaged in high-tech applications, Germfree typifies the many companies that thrive here because of the exceptional business climate." Brian Rademacher, CEcD, Economic Development Director, added, "It's amazing to think that Germfree moved to Ormond Beach in 2002 with around 15 employees in approximately 15,000 square feet. Twenty years later, they have 190 employees, occupy 170,000 square feet, and have a global reach. As with all the companies in the city, we are excited to see what the future holds and stand ready to support business growth in the community."
ORMOND BEACH ECONOMIC DEVELOPMENT is Central Florida's Preferred Business Address for its remarkable quality of life and healthy business climate. The Department of Economic Development is committed to implementing a robust growth strategy that results in a strong economy and improved quality of life. The organization is available to help with confidential project management, site selection, marketing research & data, business connections, and navigating economic incentive opportunities. Learn more at https://www.ormondbeach.org/194/Economic-Development.
GERMFREE LABORATORIES, INC has been creating environments that serve life science innovation and advanced global health for six decades. The company designs and manufactures mobile and modular cleanrooms, high-containment laboratories, and a comprehensive line of biosafety and aseptic processing equipment. Germfree's bioGo® clean rooms provide flexible, scalable solutions for biopharma and advanced therapy manufacturing. With over 200 facility installations in 32 countries, Germfree is a global company committed to enabling its clients to develop new life-saving cures or prevent the next pandemic. The Germfree team provides leading-edge engineering and technology, subject-matter expertise, and a foundation of highly-skilled builders, all located at its facility in Ormond Beach, FL. Learn more at https://www.germfree.com.
EW HEALTHCARE PARTNERS is one of the largest and oldest private healthcare investment firms and seeks to make growth equity in the pharmaceutical, medical device, diagnostics, and technology-enabled services sectors in the U.S. and Europe. Since its founding in 1985, EW Healthcare Partners has maintained its singular commitment to the healthcare industry and has been a long-term investor in over 150 healthcare companies across sectors, stages, and geographies. Learn more at https://www.ewhealthcare.com.
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