ACG Group
{{Short description|Indian Based Pharmaceutical Firm}}
{{Advert|date=June 2021}}
{{Use dmy dates|date=September 2018}}
{{Use Indian English|date=September 2018}}
{{Infobox company
| name = ACG Group
| logo = ACG_Group_Logo.svg
| trading_name =
| former_name =
| type =
| traded_as =
| industry = pharmaceutical machinery company
| founded = 1961
| founder = Ajit Singh, Jasjit Singh
| hq_location =
| hq_location_city = Mumbai
| hq_location_country = India
| num_locations = 138
| area_served = Worldwide
| key_people =
| subsid =
| website = {{URL|www.acg-world.com}}
}}
ACG is a multinational pharmaceutical company with headquarters in Mumbai, India.The company operates in 100 countries across six continents.{{Cite web |title=The Singhs Of ACG Worldwide: Capsule Czars |url=https://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |access-date=2022-08-15 |website=Forbes India |language=en |archive-date=15 August 2022 |archive-url=https://web.archive.org/web/20220815195519/https://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |url-status=live }}
The company produces pharmaceutical and packaging equipment, including empty hard capsules, encapsulation and tablet processing systems, fluid bed equipment, and packaging machinery such as blister packers, cartoners, and end-of-line solutions. The company also provides inspection and analytical systems.{{cite news |url=http://articles.economictimes.indiatimes.com/2016-04-09/news/72186329_1_capsules-drug-controller-general-gn-singh |title=Now, drugs regulator gets a plan for vegetarian capsules |access-date=26 May 2016 |archive-date=16 May 2016 |archive-url=https://web.archive.org/web/20160516233455/http://articles.economictimes.indiatimes.com/2016-04-09/news/72186329_1_capsules-drug-controller-general-gn-singh |url-status=dead }} {{cite news|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=36824910|title=Company Overview of ACG Worldwide Private Limited|access-date=2018-10-03|archive-date=3 October 2018|archive-url=https://web.archive.org/web/20181003221055/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=36824910|url-status=live}}
History
ACG was founded in 1961 by brothers Ajit Singh and Jasjit Singh to manufacture empty hard capsules for Indian pharmaceutical companies. Subsequently, the company expanded to other countries and diversified into related businesses in the pharmaceutical sector.{{cite news |url=http://www.business-standard.com/article/companies/acg-buys-croatian-capsule-firm-107100801030_1.html |title=ACG buys Croatian capsule firm |access-date=26 May 2016 |archive-date=30 June 2016 |archive-url=https://web.archive.org/web/20160630055050/http://www.business-standard.com/article/companies/acg-buys-croatian-capsule-firm-107100801030_1.html |url-status=live }} These include equipment manufacturing, packaging, inspection, testing, research and development.{{cite news |last1= |first1=|title=ACG group consolidates its multiple business and regional brands into a single new ACG identity |url=http://www.pharmabiz.com/NewsDetails.aspx?aid=111773&sid=2 |access-date=17 October 2018 |publisher=Pharmabiz |date=2018-10-16 |archive-date=17 October 2018 |archive-url=https://web.archive.org/web/20181017164630/http://www.pharmabiz.com/NewsDetails.aspx?aid=111773&sid=2 |url-status=live }}
In 1971, SciTech Centre was incorporated in Mumbai as the R&D center of ACG.{{cite web |title=SCI-TECH CENTRE |url=https://www.zaubacorp.com/company/SCI-TECH-CENTRE/U01110MH1971GAP015467 |access-date=4 October 2018 |website=Zauba Corp |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004145021/https://www.zaubacorp.com/company/SCI-TECH-CENTRE/U01110MH1971GAP015467 |url-status=live }}{{cite news |date=2017-01-03 |title=Health is Wealth / B&R 2016 |publisher=Automotion India |url=https://issuu.com/publishi/docs/b_r_2016/24 |access-date=4 October 2018}} The Centre trains around 2,000 pharma professionals every year and also hosts scientific conferences.{{cite news |last1=Ubhaykar |first1=Rajat |date=2016-05-24 |title=Power Of I 2016 Capsule King - ACG Worldwide |publisher=Outlook Business |url=https://www.outlookbusiness.com/specials/power-of-i_2016/capsule-king-acg-worldwide-2778 |access-date=4 October 2018 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004145024/https://www.outlookbusiness.com/specials/power-of-i_2016/capsule-king-acg-worldwide-2778 |url-status=live }}
In 2007, ACG acquired the capsule shell manufacturing plant of Lukaps in Croatia, making it the first Indian company from the pharmaceutical sector to establish a presence in Croatia.{{Cite web|url=http://www.indianembassyzagreb.gov.in/page/economic-relations/|title=Economic Relations|language=en|access-date=2018-10-03|archive-date=4 October 2018|archive-url=https://web.archive.org/web/20181004021126/http://www.indianembassyzagreb.gov.in/page/economic-relations/|url-status=live}}{{cite news |author1=Aveek Datta |date=19 February 2018 |title=The Singhs of ACG Worldwide: Capsule czars |url=http://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |access-date=2018-10-03 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004021216/http://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |url-status=live }} After successfully turning around the plant's operations, ACG announced further expansion plans worth 50 million Euros.{{cite news|url=http://www.pharmabiz.com/ArticleDetails.aspx?aid=95090&sid=2 |title=Associated Capsules turns sick unit to profit making entity in Croatia |url-status=dead |archive-url=https://web.archive.org/web/20160807073649/http://www.pharmabiz.com/ArticleDetails.aspx?aid=95090&sid=2 |archive-date=2016-08-07 }}
In 2014, ACG Europe was listed among the top 41 fast-growing Indian companies in UK.{{cite news |title=ACG Europe listed in top 41 fast-growing Indian cos in UK |url=http://pharmabiz.com/NewsDetails.aspx?aid=81878&sid=2 |access-date=4 October 2018 |publisher=Pharmabiz.com |date=2014-05-15 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004151418/http://pharmabiz.com/NewsDetails.aspx?aid=81878&sid=2 |url-status=live }}
In 2017, Nova Nordeplast, a Brazilian company that produces films and foils was acquired by ACG.
In 2017, ACG acquired In2trace, a Croatia-based startup with a proprietary technology in track-and-trace business.{{cite news |author1=Aveek Datta |date=19 February 2018 |title=The Singhs of ACG Worldwide: Capsule czars |url=http://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |access-date=2018-10-03 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004021216/http://www.forbesindia.com/article/indias-family-businesses/the-singhs-of-acg-worldwide-capsule-czars/49475/1 |url-status=live }} 90% of production of ACG’s plant in Croatia is exported to the USA, Russia and European countries.{{cite web |title=Past Speakers |url=http://www.nutraindiasummit.in/nutra_2014/speakers_directory_indv_details.php?spkr_id=SPKR-20130305100822443648 |url-status=dead |archive-url=https://web.archive.org/web/20181004145216/http://www.nutraindiasummit.in/nutra_2014/speakers_directory_indv_details.php?spkr_id=SPKR-20130305100822443648 |archive-date=4 October 2018 |access-date=4 October 2018 |website=9th Nutri India Summit}}
ACG business units
The ACG Group consists of four business units: ACG Capsules, ACG Films & Foils, ACG Engineering, and ACG Inspection.{{cite news|author1=Tim Hayes|url=https://www.healthcarepackaging.com/article/acg-adds-alu-based-films-and-foils-packaging-portfolio|title=ACG Adds Alu-Based Films and Foils to Packaging Portfolio|date=26 June 2018|access-date=2018-10-03|archive-date=13 August 2023|archive-url=https://web.archive.org/web/20230813193414/https://www.healthcarepackaging.com/home/news/13294968/acg-adds-alubased-films-and-foils-to-packaging-portfolio|url-status=live}}
=ACG Capsules=
ACG Capsules is a manufacturing company in the global capsules market providing two-piece hard gelatin capsules to pharmaceutical and nutraceutical industries in over 100 countries. The company operates capsule manufacturing facilities in India, Europe, and Brazil.{{cite web |title=ACG Capsules |url=https://www.cphi-online.com/acg-capsules-comp270876.html |website=CPhI Online |access-date=4 October 2018 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004185612/https://www.cphi-online.com/acg-capsules-comp270876.html |url-status=live }}
In 2018, ACG group signed a MoU with Applied DNA Sciences to develop molecularly tagged empty hard-shell capsules for prevention of capsule counterfeiting.{{cite news |title=ACG joins Applied DNA to prevent capsule counterfeiting |url=https://www.pharmaceutical-technology.com/news/acg-joins-applied-dna-prevent-capsule-counterfeiting/ |access-date=4 October 2018 |publisher=Pharmaceutical Technology |date=2018-02-27 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004185648/https://www.pharmaceutical-technology.com/news/acg-joins-applied-dna-prevent-capsule-counterfeiting/ |url-status=live }}
=ACG Films & Foils=
The ACG Films & Foils business provides specialty packaging films, high-barrier films, pharmaceutical-grade and camera-inspected range of aluminium-based foils and anti-counterfeiting and polymer films. The products of ACG Films & Foils comply with international standards such as US FDA, Canada-DMF, ISO and European Pharmacopoeia.{{cite news |last1=Nautiyal |first1=Shardul |title=ACG Films & Foils becomes India's first complete pharma packaging solution provider for oral solid dosage formulations |url=http://www.pharmabiz.com/PrintArticle.aspx?aid=109641&sid=1 |access-date=4 October 2018 |publisher=Pharmabiz.com |date=2018-06-23 |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004150640/http://www.pharmabiz.com/PrintArticle.aspx?aid=109641&sid=1 |url-status=live }}
=ACG Engineering=
ACG Engineering provides Machines for the oral Solid dosage part of the pharma industry, right from granulation equipment, capsule filling machines, tablet press, tablet coaters, tablet tooling, and packaging machines like blister packing and Cartoning machines.{{cite news |title=ACG exhibits wide range of capsule solutions |url=https://www.manufacturingchemist.com/news/article_page/ACG_exhibits_wide_range_of_capsule_solutions/142165 |access-date=4 October 2018 |publisher=Manufacturing Chemist |date=2018-04-26}} ACG has completed more than 20,000 machine installations.{{cite news |last1=Diez |first1=Fernando |last2=Kalafat |first2=Justin |last3=Bhat |first3=Dr. Jnanadeva |title=THE SCIENCE BEHIND CAPSULE-BASED DRY POWDER INHALATION TECHNOLOGY |url=http://www.ondrugdelivery.com/publications/80/ACG.pdf |access-date=4 October 2018 |agency=www.ondrugdelivery.com |publisher=Frederick Furness Publishing Ltd |archive-date=4 October 2018 |archive-url=https://web.archive.org/web/20181004145012/http://www.ondrugdelivery.com/publications/80/ACG.pdf |url-status=live }}
=ACG Inspection=
ACG Inspection (ACGI) provides solutions for the track-and-trace industry. In 2018, ACG Inspection partnered with Verinetics to integrate ACGI’s track-and-trace technology with TraxSecur, a software designed to detect fraud in the supply chain using serialization and blockchain systems.{{cite news |title=ACG Inspection, Verinetics Partner on Track-and-Trace Market |url=https://www.healthcarepackaging.com/article/acg-inspection-verinetics-partner-track-and-trace-market |access-date=4 October 2018 |publisher=Healthcare Packaging |date=2018-09-19 |archive-date=13 August 2023 |archive-url=https://web.archive.org/web/20230813193414/https://www.healthcarepackaging.com/home/press-release/13295301/acg-inspection-verinetics-partner-on-trackandtrace-market |url-status=live }}{{cite news |last1=Haskins |first1=Bryant |title=RTP-based Verinetics expands anti-counterfeiting reach in pharma industry |url=https://www.wraltechwire.com/2018/09/18/rtp-based-verinetics-expands-anti-counterfeiting-reach-in-pharma-industry/ |access-date=4 October 2018 |publisher=WRAL TechWire |date=2018-09-18 |archive-date=18 September 2018 |archive-url=https://web.archive.org/web/20180918181804/https://www.wraltechwire.com/2018/09/18/rtp-based-verinetics-expands-anti-counterfeiting-reach-in-pharma-industry/ |url-status=live }}
References
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