Add-on Acquisition • Packaging

Alvotech Acquires Ivers-Lee

On July 9, 2025, Alvotech acquired packaging company Ivers-Lee

Acquisition Context

This is Alvotech’s 1st transaction in the Packaging sector.
This is Alvotech’s 1st transaction in Switzerland.

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M&A Deal Summary
Date	July 9, 2025
Target	Ivers-Lee
Sector	Packaging
Buyer(s)	Alvotech
Deal Type	Add-on Acquisition

Target Company

Ivers-Lee

Burgdorf, Switzerland

Ivers-Lee specializes in providing assembly and packaging services for the pharmaceutical sector. Ivers-Lee was founded in 1947 and is based in Burgdorf, Switzerland.

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Buyer Overview 1

Buyer

Alvotech

Kopavogi, Iceland

Category	Company
Sector	Life Science

DESCRIPTION

Alvotech is a global biopharmaceutical company.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Packaging	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Switzerland	1 of 1
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-05-18	Baliopharm Juelich, Germany Baliopharm GmbH is a biopharmaceutical development company.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-05-18

Baliopharm

Juelich, Germany

Baliopharm GmbH is a biopharmaceutical development company.

Buy

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