
Private equity firm GTCR has bought Czech Republic-based generics company Zentiva for a reported 4.1 billion euros ($4.8 billion) from prior owner Advent.
Since acquiring Zentiva from Sanofi (Euronext: SAN) in 2018 for 1.9 billion euros, UK-based Advent has worked closely with the management team, claiming to have successfully transformed the business while investing to expand Zentiva’s portfolio of medicines and manufacturing footprint, both organically and through targeted M&A.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
| Headless Content Management with Blaze