Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Recipharm To Buy Italian Corvette

by Alex Scott
August 25, 2014 | A version of this story appeared in Volume 92, Issue 34

The Swedish pharmaceutical services firm Recipharm has agreed to acquire Milan-based Corvette Pharmaceutical Services from Group LBO Italia Investmenti, an Italian private equity group, for $160 million. Corvette, which has 250 employees, makes active pharmaceutical ingredients and provides a range of services for the drug industry. It generated sales in 2013 of $79.5 million. Recipharm says the acquisition will provide new customers, new technologies, and production capabilities from Corvette’s three plants near Milan.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.