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New Deal


Announced

Completed

Anjac completed the acquisition of Apollo Healthcare for $263m.

Financials

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Transaction Value£193m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium157%
One Off Charge-

Tags

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Single Bidder

personal care products

Canada

Private

Cosmetics

Friendly

Acquisition

Cross Border

Majority

Completed

Synopsis

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Anjac, a provider of manufacturing services, and analytical testing for pharmaceuticals, completed the acquisition of Apollo Healthcare, a personal care product manufacturer, for $263m. “We are delighted to be able to deliver a substantial premium and investment liquidity for all of our faithful shareholders through Apollo’s partnership with Anjac. Apollo’s established leadership and commitment to strategic, client-centric engagement, as well as to building world-class retail brands for its cherished family of clients will be further enhanced in its association with Anjac. We look forward to working closely with Anjac to deliver industry-leading innovation and customization throughout our global distribution platform," Charles Wachsberg, Apollo Chairman and Co-CEO.

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