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New Deal


Announced

Novo to acquire Catalent for $16.5bn.

Financials

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Transaction Value£13,056m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.9x
EV/EBITDA61.8x
Share Price Premium16.5%
One Off Charge-

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Acquisition

Cross Border

Pending

Friendly

Single Bidder

Pharmaceuticals

United States

pharmaceutical company

treatment development

Majority

Private Equity

Public

Synopsis

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Novo, a holding and investment company that is responsible for managing the assets and wealth of the Novo Nordisk Foundation, agreed to acquire Catalent, a global provider of delivery technologies, development, drug manufacturing, biologics, gene therapies and consumer health products, for $16.5bn. "Over the past several years, Catalent has built a comprehensive end-to-end offering of services and capabilities to drive innovation in the healthcare system and improve patient outcomes. This transaction is a testament to our team’s hard work and dedication to this mission, and I am incredibly excited for this next step in our journey. We look forward to benefiting from Novo Holdings’ significant resources to accelerate investment in our business and enhance key offerings as we continue to offer premium development and manufacturing solutions for pharma and biotech customers," Alessandro Maselli, Catalent President and CEO.

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