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 expects the combination of its Asian and European production capabilities as well as AMPAC's R&D, production and marketing strengths to create synergies