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Announced

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SK Holdings acquired AMPAC Fine Chemicals.

Synopsis

SK Holdings, an investment-type holding company of SK Group, acquired AMPAC Fine Chemicals, a leading global provider of high-quality API development and manufacturing solutions to the pharmaceutical industry. Financial terms were not disclosed. Aslam Malik, Chief Executive Officer of AFC, said: "We are excited to join SK Holdings. SK and AFC are highly complementary and together we will be able to offer our customers a much broader portfolio of offerings including a global supply chain. Together we will achieve SK's goal of becoming a global top-tier CDMO."

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