M&A Deal Summary

Almirall de Mexico S.A. de C.V. Acquires Allergan - Medical Dermatology

On September 21, 2018, Almirall de Mexico S.A. de C.V. acquired life science company Allergan - Medical Dermatology from Allergan for 650M USD

Acquisition Highlights
  • This is Almirall de Mexico S.A. de C.V.’s 1st transaction in the Life Science sector.
  • This is Almirall de Mexico S.A. de C.V.’s largest (disclosed) transaction.
  • This is Almirall de Mexico S.A. de C.V.’s 1st transaction in Ireland.

M&A Deal Summary

Date 2018-09-21
Target Allergan - Medical Dermatology
Sector Life Science
Buyer(s) Almirall de Mexico S.A. de C.V.
Sellers(s) Allergan
Deal Type Divestiture
Deal Value 650M USD

Target

Allergan - Medical Dermatology

Dublin, Ireland
Allergan - Medical Dermatology unit comprises of Aczone (dapsone), Tazorac (tazarotene), Azelex (azelaic acid) and Cordran Tape (flurandrenolide).

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Buyer(S) 1

Buyer

Almirall de Mexico S.A. de C.V.

Barcelona, Spain

website


Category Company
Founded 1943
Sector Life Science
DESCRIPTION

Almirall de Mexico, S.A. de C.V. is an international pharmaceutical company develops, produces and markets proprietary R&D medicines and those under licence with the aim of improving people's health and wellbeing.


DEAL STATS #
Overall 4 of 4
Sector (Life Science) 1 of 1
Type (Divestiture) 2 of 2
Country (Ireland) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 Aqua Pharmaceuticals

West Chester, Pennsylvania, United States

Aqua Pharmaceuticals LLC is a specialty dermatology pharmaceutical company focused on acquiring, developing and marketing under promoted, branded, pharmaceutical products. Utilizing its direct salesforce, Aqua promotes seven products throughout the United States including Monodox® (doxycycline monohydrate) capsules, an antibiotic used to treat acne; Cordran® lotion and cream, a topical corticosteroid used for the relief of inflammatory dermatoses; and Fluoroplex® (fluorouracil) cream, indicated for the treatment of actinic keratoses.

Buy $328M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 ThermiGen

Irving, Texas, United States

ThermiGen LLC is a global manufacturer of temperature controlled radiofrequency technology. The company's flagship product is ThermiRF, a platform technology that uses temperature as an endpoint for various minimally and non-invasive applications (ThermiTight, ThermiRase, ThermiSmooth Face, ThermiVa, etc.). Thermi also offers the Thermi250 device as the newest innovative RF for the body. Founded in 2012, Thermi is a US based company with its headquarters in Irving, Texas, and R&D in Boston, MA.

Sell -

Seller(S) 1

SELLER

Allergan

Parsippany, New Jersey, United States

website


Category Company
Founded 1956
Sector Life Science
Employees31,200
Revenue 15.8B USD (2018)
DESCRIPTION

Allergan is an integrated specialty pharmaceutical company focused on developing, manufacturing and distributing generic, brand and biosimilar products. The Company was originally established in 1956 and is based in Parsippany, New Jersey.


DEAL STATS #
Overall 8 of 9
Sector (Life Science) 6 of 7
Type (Divestiture) 8 of 9
Country (Ireland) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-14 Bonti

Newport Beach, California, United States

Bonti, Inc. is an innovative clinical-stage biotechnology company focused on the development and commercialization of novel, fast-acting neurotoxin products for aesthetic and therapeutic applications. By turning the science of neurotoxins into beneficial patient and healthcare provider solutions, Bonti seeks to improve lives by successfully addressing key unmet needs in markets with significant addressable opportunities.

Buy $195M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-26 Envy Medical

Long Beach, California, United States

Envy Medical, Inc. develops, markets and sells highly effective non-invasive skin rejuvenation therapies for patients suffering from either dermatologic or aesthetic conditions. Envy Medical, Inc. was founded in 2002 and is based in Long Beach, California.

Buy -