.
MergerLinks Header Logo

New Deal


Announced

Completed

Ajinomoto completed the acquisition of Forge Biologics for $545m.

Financials

Edit Data
Transaction Value£429m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

biotechnology company

Biotechnology

Acquisition

Friendly

Majority

Private

Cross Border

Single Bidder

Completed

Synopsis

Edit

Ajinomoto, a Japanese multinational food and biotechnology corporation, completed the acquisition of Forge Biologics, a US based manufacturer of genetic medicines, for $545m. “Forge’s unparalleled expertise in gene therapy development and manufacturing will be a transformative addition to our core growth area of Healthcare as part of our ASV Initiatives 2030 Roadmap. Forge brings to Ajinomoto an entirely new capability that will vitally enhance our Bio-Pharma Services business and help create new value through innovative solutions for communities and society,” Yasuyuki Otake, Bio-Pharma Services Department of Ajinomoto Corporate Executive and General Manager.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US