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Syntegon and Azbil Corporation have officially closed the acquisition of Telstar by Syntegon, following regulatory approval. Telstar's workforce joins Syntegon's Pharma Liquid Business Unit, combining fill-finish equipment, isolator systems, freeze-dryers, and other equipment.
Azbil Corporation and Syntegon announced the acquisition of Telstar by Syntegon. A Share Purchase Agreement was signed on June 6, 2024, and the acquisition is subject to regulatory approvals.