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Announced

Asymchem Laboratories to acquire Snapdragon Chemistry for $58m.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

United States

Cross Border

Friendly

Single Bidder

Majority

Private

Acquisition

chemical technology

Electronic Components and Equipment

Synopsis

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Asymchem Laboratories, a CDMO serving the global pharmaceutical and biotech industry, agreed to acquire Snapdragon Chemistry, a US-based chemical technology company, for $58m. "Asymchem truly understands that commitment and we look forward to continuing to develop the high-quality solutions we are known for in their integrated service ecosystem," Dr. Matthew Bio, Snapdragon President and CEO.

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