Advanz Pharma Agrees Sale In Largest European Deal Since COVID-19 Pandemic

Jefferies: ‘Deal Signals A Reduction Of Brexit Risk And A Recovery In The Debt Markets’

Three years after rebranding from Concordia, Advanz Pharma is to be swallowed up by European-focused private equity Nordic Capital.

Dollars
Nordic Capital 'is committed to investing in the growth of the business going forward.' • Source: Shutterstock

The controversial buy-and-build firm Advanz Pharma, which under its former Concordia International name embarked on a merger and acquisition spree that led it to near bankruptcy, is set to fall into private hands.

European-focused private equity Nordic Capital has reached an agreement with generics and mature brands specialist Advanz Pharma’s board of directors...

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