
M.A.S.
Company
M.A.S. develops and supplies customized reference standards and test kits used to verify visual inspection processes in the production of parenteral pharmaceuticals. The products are employed in pharmaceutical quality control – for example in the inspection of ampoules, vials, infusion bags and prefilled syringes – as well as in the validation of semi- and fully automated inspection systems. They are also used in training programs and qualification studies. With its strong technological expertise and distinct competitive advantages, M.A.S. is a reliable and indispensable partner for leading global pharmaceutical companies and CDMOs.
Market &Drivers
Supported by strong structural market drivers – including a strong outsourcing trend among Big Pharma and CDMOs, the rising number variety and complexity of parenteral drugs – the demand for high-quality reference standards and test kits continues to grow. Regulatory requirements, particularly the mandatory visual inspection and the usage of physical reference standards, further support this development. In this context, M.A.S. aims to continue its successful growth trajectory in close partnership with NORD Holding.
NORD Holding contribution
As part of a succession solution, the NORD Holding Small Cap Fund has acquired a majority stake in M.A.S. Material Analytischer Service GmbH. Following NORD Holding’s investment, the company will focus on strengthening its sales organization, expanding its international footprint and broadening its service offering.
Portfolio case study
Your Contact Person
Johannes Fleck
Principal

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