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Spectrum working with Angus

Under a new agreement, Spectrum Chemicals is to distribute Angus Chemical’s TRIS Amino AC USP/EP (pictured) and BIS-TRIS biologics-grade buffers to the biopharmaceutical and life sciences industries in the US and Canada. The company said that these complement its own bioprocessing portfolio such as the BioCertified product line.

Angus is the world’s largest and only fully integrated manufacturer of TRIS buffers. These are used as buffering agents in cell culture and bioprocessing applications, and in the purification of biological molecules in downstream processing.

Ardian takes Angus Chemical stake

US private equity giant Ardian has acquired a 50% stake in Angus Chemical from Golden Gate Capital at a total enterprise value of about $2.25 billion. Golden Gate, which bought the firm from Dow Chemical in February 2015, will retain the other. The deal should close at the end of the year.

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