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Announced

Completed

WuXi Biologics completed the acquisition of a Wuppertal facility from Bayer for £101m.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Friendly

Pharmaceuticals

Acquisition

Majority

drug manufacture

Private

Domestic

Completed

Single Bidder

Synopsis

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WuXi Biologics, a global open-access biologics technology platform, completed the acquisition of a Wuppertal facility from Bayer, a global enterprise with core competencies in the Life Science fields of health care and agriculture, for £101m. “This also marks an additional contribution by Bayer in the fight against the pandemic,” Timo Flessner, Bayer Site Manager.

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