New operation ’to be leading provider of risk management services’

Serentec, Inc. based in Raleigh North Carolina, USA, industry leader in providing regulatory compliance and validation services to the Life Science sectors regulated by the US Food & Drug Administration (FDA).has been acquired by Lloyd’s Register Americas, Inc.

Lloyd’s Register Serentec will operate as a wholly-owned subsidiary of Lloyd’s Register Americas, part of the Lloyd’s Register Group.

Paul Huber, President of Lloyd’s Register Americas is named as Chief Executive Officer of Lloyd’s Register Serentec, while John Davis, President of Serentec, becomes President of the new company.

Davis spoke of Serentec’s "vision for growth in the pharmaceutical, biotech and medical device industries" and saw that combining the strengths of Lloyd’s Register Group with those of Serentec would allow his organisation "to compete in the global marketplace."

Lloyd’s Register Group works to improve its clients’ quality, safety, environmental and business performance.

David Moorhouse, Lloyd’s Register’s Chairman and Chief Executive, comments: "The acquisition of Serentec is another step in our vision of being the world’s leading provider of risk management services."

About Serentec, Inc

Founded in 1996, Serentec, Inc. is a leading provider of consulting and validation services of equipment, process and computer-related systems for the pharmaceutical, biotechnology, medical device and clinical trials sectors regulated by the FDA.

Serentec combines innovative project management techniques with rigorous quality review processes. Its services include information systems, automation and equipment, process validation, start-up and commissioning, consulting and remediation services for the FDA 21 CFR Part 11 regulations concerning electronic records and electronic signatures, regulatory compliance consulting, and project management. The company is based at Raleigh, North Carolina.

About the Lloyd’s Register Group

The Lloyd’s Register Group is an independent risk management organisation with about 6,000 personnel in over 200 offices wolrdwide. It works to improve its clients’ quality, safety, environmental and business performance throughout the world. Founded in the United Kingdom in 1760 to examine merchant ships and ‘classify’ them according to their condition, today the organisation’s expertise and activities extend far wider than the shipping field. It has operations covering railways, other land-based industries, and oil and gas.