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Outsourcing

Investors to sell pharmaceutical services firm Seqens to SK Capital

by Rick Mullin
September 2, 2021 | A version of this story appeared in Volume 99, Issue 32
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A photo of people touring a chemical facility.
Credit: Seqens
French president Emmanuel Macron (right) toured Seqens's facility in Villeneuve-la-Garenne, France, last year.

The investment firm Eurazeo says it will sell its majority stake in Seqens, a French contract development and manufacturing organization (CDMO), to a group of funds led by the investment firm SK Capital Partners. Seqens has acquired several competitors in recent years—including Chemie Uetikon, PCAS, and PCI Synthesis—and now has annual sales of about $1 billion and 3,000 employees. Eurazeo suggests in a press statement that Seqens may be merged with Wavelength Pharmaceuticals, an Israeli CDMO that SK Capital acquired in 2017.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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