Perrigo to Sell API Biz to Private Equity

Aug 10, 2017

Street Insider

Perrigo Company has agreed to sell its Perrigo API business to SK Capital, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors.

As part of the $110M deal, the companies have agreed to enter into a long-term supply agreement for Perrigo API to supply multiple existing commercial and pipeline APIs to Perrigo. 

SK owns and operates other leading companies in the API and FDF value chain including Noramco, Tasmanian Alkaloids and Halo Pharmaceutical.

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