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Nordic Completes $846m Takeover Of Advanz

Firm Plans ‘Considerable Investment In Our Organic And Inorganic Pipeline’

 
• By Dave Wallace

Nordic Capital has completed its takeover of Advanz Pharma, three years after the company’s transformation from its former identity of Concordia. The company is planning “considerable investment” following the deal.

846 Green Paper Rip
The transaction values Advanz at $846m • Source: Alamy

Private equity group Nordic Capital has completed its $846m takeover of Advanz Pharma, in a move that the pair say will “bring significant investment and expertise to help fuel Advanz Pharma’s growth, with the potential to bring further cost-savings to the [UK] National Heath Service and wider European healthcare systems while enhancing choice and access to critical medicines globally.”

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