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Protein lab could prosper under new owner

Waunakee, Wis. - Within a new ownership arrangement, an area producer of ingredients for drug candidates could be better positioned to expand production capabilities.

Scientific Protein Laboratories, LLC, a producer of active pharmaceutical components with annual sales of $60 million, has been purchased by the publicly traded buyout firm
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Two years ago, Arsenal Capital Partners, a New York-based private equity investor in lower-middle market niche products and services companies, purchased SPL for $81 million.

SPL has 121 employees and owns a biopharmaceutical manufacturing ......

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Source:wistechnology.com By WTN News 08/23/06


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