Lundbeck, a leading Danish pharmaceutical company, has announced its acquisition of Prexton Therapeutics, a Swiss firm specializing in the development of drugs for Parkinson’s disease, in a deal valued at approximately $1.1 billion. This strategic acquisition is set to enhance Lundbeck’s capabilities in neurology, particularly in the treatment of Parkinson’s disease. Financial Structure of the […]
Swiss building material company LafargeHolcim has purchased Kendall Group, an aggregates and ready-mix concrete manufacturer based in southern England for an undisclosed price as per the latest construction industry news. Last year, Kendall Group had registered net sales of about CHF33 million ($35.23 million). LafargeHolcim revealed that Kendall Group will be operated by its subsidiary […]
Roche, the Swiss pharmaceutical giant, has announced its plans to fully acquire Flatiron Health, a leading oncology software company, for $1.9 billion. This strategic move aims to fast-track the development of cancer treatments by leveraging Flatiron Health’s advanced data analytics and electronic health records software. Strategic Expansion in Oncology The acquisition marks a significant step […]
Food acquisition news : Food and beverage giant Nestle has bought a majority stake in a Latin American organic food company Terrafertil, a producer of plant-based foods and healthy snacks for an undisclosed price. Nestle Acquisition of Terrafertil Stake Nestle acquisition of Terrafertil stake is expected to expand the former’s footprint in a fast-growing segment […]
Roche Pharmaceuticals, a prominent Swiss pharmaceutical company, has entered into a definitive merger agreement to acquire Ignyta, a U.S. cancer drug maker, for $1.7 billion in an all-cash transaction. This acquisition, priced at $27 per share, significantly bolsters Roche’s oncology portfolio by adding advanced gene therapy-based cancer drugs that are in the early stages of […]
Food acquisition news : Swiss food and beverage giant Nestle has struck a deal to acquire nutritional health products manufacturer Atrium Innovations based in Canada for $2.3 billion from a consortium of investors. Nestle acquisition of Atrium Innovations from a Permira Funds-backed firm, Caisse de dépôt et placement du Québec, Fonds de solidarité FTQ and […]
Novartis, the Switzerland-based global healthcare giant, has announced its decision to acquire Advanced Accelerator Applications (AAA), a French radiopharmaceutical company, for $3.9 billion. This acquisition is aimed at bolstering Novartis’ oncology platform, with a focus on expanding its portfolio with innovative nuclear medicine treatments. Details of the Acquisition and Expected Benefits Novartis will purchase all […]