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Announced

Completed

Ethypharm completed the acquisition of Altan Pharma from Malin for €105m.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

specialty pharmaceuticals

Spain

Single Bidder

Pharmaceuticals

Cross Border

Acquisition

Friendly

Majority

Completed

Private Equity

Synopsis

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Ethypharm, a European pharmaceutical company, completed the acquisition of Altan Pharma, a specialty pharmaceutical company that develops, manufactures and markets injectable medicines for hospital use, from Malin, a publicly listed company investing in highly innovative life sciences companies, for €105m. "Joining an established European specialty pharmaceutical company, with a strong direct commercial presence in Europe beyond Spain and in major growth territories for injectable medicines, will be a booster for the international expansion of Altan Pharma's product portfolio. Since its inception in 1998, Altan Pharma has been committed to improving patient care by providing specialty medications of superior quality and value for the benefit of patients and caregivers," Guillermo Herrera, Altan Pharma CEO.

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