Announced
Completed
Financials
Sources
Tags
Private
organotherapeutic products
Completed
Majority
Single Bidder
Pharmaceuticals
Friendly
Acquisition
Italy
Synopsis
Boutique office management firm Cerus Advisors-backed Opocrin, a global manufacturer of active pharmaceutical ingredients, completed the acquisition of Laboratori Derivati Organici, a pharmaceutical company. Financial terms were not disclosed. "Cerus Advisors has dedicated significant time and resources to the development of LDO over the last 9 years and this transaction represents the culmination of these efforts. We are also pleased with the creation of a group that has significant potential for continued value creation for its shareholders," Marios Fotiadis, Cerus Chairman, Manager Partner.
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