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Business

Edgewater acquires GL Chemtec

by Rick Mullin
August 19, 2022 | A version of this story appeared in Volume 100, Issue 29
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Private equity firm Edgewater Capital Partners, based in Cleveland, has acquired GL Chemtec, a Canadian contract development and manufacturing organization specializing in chemistry-based services for the production of active pharmaceutical ingredients. Financial details were not disclosed. GL Chemtec operates an innovation center supporting multistep organic synthesis and a new facility comprising a scale-up laboratory and two pilot manufacturing suites, both in Oakville, Ontario.

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