FOR IMMEDIATE RELEASE
Argenta expands into Europe with Scottish manufacturing site
April 3, 2017, AUCKLAND – Argenta, a New Zealand-owned company that creates, develops and manufactures products for the global animal health industry, has purchased its first EU manufacturing facility in Dundee, Scotland, and will kick off operations on April 3rd, 2017.
Argenta has acquired the 81,000-square-foot manufacturing facility and operational business from global animal pharmaceutical company, Elanco Animal Health, to grow its presence in the European market.
The Kiwi company’s expansion into the EU follows its successful move into the United States in 2016, with the opening of a large-scale manufacturing facility in Fort Dodge, Iowa.
“Our expansion into the US last year resulted in unprecedented interest in our business, which has both increased the demand for our services in the US and Europe, and brought more research business to New Zealand,” says Argenta’s CEO and founder, Dr. Doug Cleverly.
The 118 former Elanco employees based at the Dundee site have been welcomed into Argenta’s global team, which works across five international sites in New Zealand, the United States and United Kingdom.
Cleverly says: “Having a group of highly-skilled, locally-based employees, along with an excellent manufacturing facility and site, gives us great confidence as we launch into the EU market. Argenta Dundee gives us the resources, expertise and technical capabilities to continue to grow our European footprint, and to further improve the breadth of services we can offer to our growing global client-base.”
He continues: “The new site will greatly complement our other Argenta manufacturing sites, which are fuelled by the research and development of new products.”
Argenta Dundee encompasses a recently modernised manufacturing plant, laboratories and warehouse spaces for the production of high-quality animal health products, including non-sterile liquids, suspensions, and gels. It also expands Argenta’s service offering to include low-dose tube filling, small bottle pouch filling, labelling and packaging.
After some initial restructuring, Argenta plans to grow the new Dundee operation, supported by a commercial supply agreement with Elanco Animal Health.
Paul Lewis, managing director of Scottish Development International, the Government’s organisation to attract overseas business, says of Argenta’s purchase: “Investors are continuing to look to Scotland for new and expansion projects and Argenta’s investment reflects yet another vote of confidence in our flourishing life sciences industry. It is testament to the strength of our skilled workforce and our supportive business infrastructure that Argenta has selected Dundee for the next stage of its European expansion and we look forward to working with the company to grow its business in Scotland.”
The new beginning for the Dundee site will be commemorated at an official event on 3rd April 2017, attended by Dr Cleverly, Argenta Dundee’s head of site Stephen Sibson, Argenta staff and Scottish VIPs.
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Argenta is a global provider of drug product development, innovative delivery technologies and contract manufacturing services. Dedicated to the animal health industry, Argenta was founded in 2006 in South Auckland, New Zealand. In January 2016, the company opened a new, 145,000-square-feet manufacturing facility in Fort Dodge, Iowa, to complement its New Zealand operations and support continued growth in the United States. The acquisition followed the company’s opening of a drug product research laboratory in the world-renowned science precinct of Kansas University, Lawrence, Kansas in 2012, and the purchase of a New Jersey-based clinical contract research subsidiary, AlcheraBio, in 2008.
Argenta works with 9 of the top 10 global animal health pharmaceutical companies as well as innovative startup firms. The company exports products and services to over 40 countries including United States, Canada, Japan and Europe. argentaglobal.com
About Scottish Development International
Scottish Development International (SDI) is a government organization which helps overseas businesses tap into Scotland’s key strengths in knowledge, high-level skills, technology and innovation. SDI also works to help Scottish companies do more business overseas and to promote Scotland as a good place to live and work. Its work is guided by the Scottish Government’s strategy for economic development in Scotland. sdi.co.uk