ATLANTA – Axion BioSystems acquired printed electronics manufacturer M-Solv Manufacturing, a subsidiary of M-Solv Ltd.

The creation of a new division, Axion BioSystems Manufacturing, UK, cements the six-year partnership between the companies.

“The need to control the supply chain has never been more important,” said Tom O’Brien, CEO of Axion BioSystems. “This vertical integration not only ensures our customers have the products they need to conduct critical biomedical research. It also allows us to advance assay plate technologies more rapidly to meet the increasingly complex scientific demands of our users.”

“The M-Solv manufacturing team is proud to have played a role supporting Axion’s growth over the last six years,” said Phil Rumsby, CEO, M-Solv Manufacturing. “Now, as part of the Axion Group, we are looking forward to working together even more closely to grow this part of our business, as we develop the next-generation of bioelectronic assay consumables. Alongside our biosensor business, we will continue to maintain and grow our strong position in touch-panel devices.”

No financial terms of the transaction were disclosed.