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New Deal


Announced

Completed

KKR completed the acquisition of Biosynth Carbosynth from Armira.

Financials

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

Tags

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United Kingdom

Acquisition

Private Equity

Friendly

biotechnology company

Majority

Cross Border

Single Bidder

Biotechnology

Private

Completed

Synopsis

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KKR, a global investment firm, completed the acquisition of Biosynth Carbosynth, a life sciences reagents and custom synthesis and manufacturing services company, from Armira, a Munich-based holding group. Financial terms were not disclosed. "I would like to thank Armira for our trusting and very successful partnership over the last seven years. I am excited to welcome KKR as our strategic partner as they have the industry experience, international network, and resources to help us realize our vision of becoming a global platform. KKR’s strategic partnership will enable us to continue to scale the business while retaining the best-in-class product quality, science-led focus, and industry-leading expertise for which our customers have come to know us," Urs Spitz, Biosynth Carbosynth CEO and President.

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