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New Deal


Announced

Recipharm and the Government of Morocco to form SENSYO Pharmatech in a $276m deal.

Financials

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Transaction Value£210m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

healthcare services

Majority

Private

Merger

Pending

Friendly

Health Care Services

Single Bidder

Morocco

Synopsis

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Recipharm, a firm that specializes in contract development and manufacture of pharmaceuticals, and the Government of Morocco to form SENSYO Pharmatech, a firm that engaged in the development and operation of a new fill & finish vaccines and biologics facility, in a $276m deal. "We are proud to be involved as the CDMO of choice in this fantastic step forward for Morocco and Africa. Breaking ground on a facility of this magnitude is a significant milestone and reflects the depth of our joint commitment to meeting Morocco's long term healthcare needs," Marc Funk, Recipharm CEO.

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