Astoriom, a global leader in R&D sample stability and biorepository storage, has recently strengthened its market position with the acquisition of Nottingham-based MTS Cryo Stores and its sister company, Cool Repair Scientific UK. This acquisition marks Astoriom’s second major M&A move this month, following the acquisition of Flagship Biosciences’ North Carolina biorepository operations, underscoring the company’s commitment to an aggressive expansion strategy.
With over three decades of proven expertise in ICH sample stability and biorepository storage, Astoriom has built a reputable foundation of state-of-the-art facilities spanning the United States, the United Kingdom, and Ireland. This strategic acquisition brings an additional 30 years of industry knowledge and experience to the Astoriom portfolio, as MTS Cryo Stores and Cool Repair Scientific UK provide critical storage and refrigeration services for a wide array of clients, including research institutions, hospitals, pharmaceutical companies, and biobanks worldwide.
The acquisition aligns seamlessly with Astoriom’s vision of expanding its global footprint and service capabilities across the UK and US, supported by Limerston Capital, a UK-based private equity firm with a focus on mid-market investments. This milestone also builds on the momentum following the recent appointment of Lori A. Ball as Astoriom’s Chief Executive Officer, ushering in a dynamic phase of accelerated growth and operational excellence.
Lori A. Ball, CEO of Astoriom, expressed her optimism about the acquisition, stating:
“MTS Cryo Stores and Cool Repair Scientific UK bring invaluable expertise and innovative technologies that perfectly complement our existing high-quality R&D sample stability storage solutions. Their industry knowledge and cutting-edge practices will not only strengthen our current capabilities but also allow us to explore new avenues for growth and innovation.
As we continue to evolve, Astoriom is poised to lead the way in biorepository services. This acquisition enables us to deliver even greater value to our customers, supporting their research and innovation projects to the highest possible standard.”
This acquisition is pivotal in enhancing Astoriom’s ability to deliver comprehensive and reliable stability storage solutions to R&D leaders globally. It bolsters Astoriom’s operational infrastructure, combining established industry expertise with innovative approaches to storage and biorepository management. Astoriom’s growth strategy remains firmly rooted in providing clients with cutting-edge storage solutions that support the most demanding R&D environments.
The integration of MTS Cryo Stores and Cool Repair Scientific UK also supports Astoriom’s broader objectives of providing world-class services to scientific, medical, and consumer research industries. By enhancing its footprint in the UK, Astoriom is positioned to address the growing needs of the biorepository and sample stability sector with even more comprehensive, scalable solutions that meet the evolving standards in R&D sample management.
About Astoriom
At Astoriom, we are the global quality expert in safeguarding R&D sample assets.
For over 30 years, our customers have trusted us to secure, protect and preserve their scientific and consumer R&D product samples. We offer a comprehensive portfolio of sample stability storage, biorepository storage, disaster protection & recovery, and sample storage equipment & validation services. Our global environmentally controlled storage solutions enable our customers to safeguard the integrity and viability of their valuable sample assets to advance their research innovation. As a global leader and trusted expert in sample stability and biorepository storage solutions, our team of specialists and engineers offer international regulatory compliant quality processes and custom designed sample storage protocols to the top R&D industries worldwide.