Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 22-08-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Recipharm Acquisition of Corvette Group Pharmaceutical Services | Industry: | Pharmaceuticals & Biotechnology |
| Description: |
White and Case LLP advised Recipharm AB (publ) on the acquisition of Corvette Group Pharmaceutical Services SpA, previously controlled by the Italian private equity group LBO Italia Investimenti S.r.l..
The equity consideration for the purchase is around EUR100 million, with the deal expected to close on October 1, 2014.
Recipharm, a pharmaceutical contract development and manufacturing organisation, is a Sweden-based company listed on Nasdaq OMX Stockholm. The Corvette Group is the parent company of firms supplying high value added services to the pharmaceutical industry.
The White and Case team which advised Recipharm was led by partners Darragh Byrne (Stockholm) and Ferigo Foscari (Milan) with support from associates Christian Reineby (Stockholm), Alessandro Seganfreddo and Angelica Longanesi Cattani (both Milan).
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| Financial Center: | Stockholm | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | White & Case |
| Target Company Jurisdiction: | Italy | Acquiror Jurisdiction: | Sweden |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Darragh Byrne |
