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New Deal


Announced

Completed

Lonza completed the acquisition of Synaffix for €160m.

Financials

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Transaction Value£137m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

biotechnology company

Majority

Private

Biotechnology

Friendly

Netherlands

Acquisition

Cross Border

Single Bidder

Synopsis

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Lonza, a global manufacturing partner to the pharmaceutical, biotech and nutraceutical markets, completed the acquisition of Synaffix, a biotechnology company, for €160m. "On our mission to bring Synaffix’s ADC technologies to patients, we are excited to become part of Lonza and thus, through strong and immediate synergies, ensure a robust technology and manufacturing platform for our licensees as they progress into the late stage clinical and commercial development phase. We can now also leverage the potential offered by Lonza to fast-track technology innovations in bioconjugates beyond cytotoxic ADCs. We look forward to working closely with our colleagues at Lonza for the continued enablement of promising potential medicines for patients in need," Peter van de Sande, Synaffix CEO.

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