Volume 95 Issue 24 | p. 11 | News of The Week
Issue Date: June 12, 2017 | Web Date: June 6, 2017

Contract manufacturer AMRI to go private

Private equity firms Carlyle and GTCR partner for $1.5 billion deal
Department: Business
Keywords: outsourcing, contract manufacturing, pharmaceutical chemicals, AMRI

In the latest deal to hit the pharmaceutical contract manufacturing industry, Albany Molecular Research Inc. has agreed to be acquired by two private equity firms for more than $1.5 billion, including debt.

The two investment firms, Carlyle Group and GTCR, are paying $21.75 per share, which is a 42% premium to AMRI’s average share price prior to April 5, when rumors of a possible sale emerged.

The deal is the third large transaction in recent . . .

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