Announced
Completed
Financials
Sources
Tags
healthcare industry
Acquisition
Friendly
Spain
skin care
Pharmaceuticals
biopharmaceuticals
Completed
Private
Majority
healthcare
Single Bidder
Synopsis
Evonik Industries, a speciality chemicals manufacturer, completed the acquisition of innovativeHealth Group, a bio-pharmaceutical company. Financial terms were not disclosed. "With this latest acquisition we have strengthened our innovative power in the area of cosmetic active ingredients. We will now be able to optimize the costs and development time, as well as achieve high quality and high performance products that show attractive and scientifically proven properties," Tammo Boinowitz, Evonik Senior Vice President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.