SK Group has emerged as a major mergers and acquisition player in the global contract development and manufacturing organization (CDMO) sector, taking over 100% of California-based, rapidly growing AMPAC Fine Chemicals, raising the South Korean conglomerate’s CDMO manufacturing capacity to about 1 million liters.
SK Acquires AMPAC, On Track To Meet Global Contract Manufacturing Ambitions
With the acquisition of US-based contract development and manufacturing organization AMPAC Fine Chemicals, SK has added the US production base to its European and Korean production facilities, placing it on track to becoming a top global CDMO player with annual production capacity of about 1.6 million liters.
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