Announced
Completed
Financials
Sources
Tags
active pharmaceutical ingredients
Pharmaceuticals
Majority
pharmaceutical company
Friendly
Single Bidder
New Zealand
Acquisition
Completed
Private Equity
Private
pharmaceutical development
Synopsis
Advent-backed Industria Chimica Emiliana, a producer of API, completed the acquisition of New Zealand Pharmaceuticals, a pharmaceutical company, from Archer Capital, an Australian private equity investment firm. Financial terms were not disclosed. “We place great value on our customer relationships, many of which are incredibly long-standing. This partnership will strengthen our ability to support them through the provision of a broader product mix and facilitate the development and production of important new bile-based API drugs,” Agostino Barazza, ICE Chief Executive Officer..
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