Announced
Financials
Tags
Single Bidder
Private Equity
biopharmaceuticals
Pending
Cross Border
Friendly
Private
Biotechnology
Netherlands
biosciences
Acquisition
Majority
Synopsis
CJ CheilJedang, a food and biotechnology company, agreed to acquire a majority stake in Batavia Bioscience, a science-based CDMO that offers personalized services that fully support all the stages of biopharmaceutical development, from FDI and Batavia Biopharma for $229.5m. "While many global biopharmaceutical companies are actively developing biotechnology products, Batavia is among the very few who are equipped with the facilities and know-how to rapidly and cost-effectively manufacture these products," CJ CheilJedang.
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