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Private Equity Firm Acquires Irish Generics Player Chanelle

News Of Exponent Purchase Comes A Month After Reports Of Chanelle’s Looming Sale

 
• By Adam Zamecnik

The private equity firm Exponent has acquired Ireland’s biggest generics producer, Chanelle Pharma, following past media reports of the pharma’s nearing sale, which estimated the price north of €300m.

Euro coins and notes with Irish flag
The Deal Is Rumoured To Have Cost Around €300m • Source: Shutterstock

The private equity firm Exponent has acquired what it described as Ireland’s biggest generics manufacturer, Chanelle Pharma, for an undisclosed sum of money. While the financial details of the transaction have not been made public, current media reports state that the figure could potentially be around €300m ($323m).

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