M&A Deal Summary

Aspen Global Acquires GSK s Arixtra Fraxiparine brands

On September 30, 2013, Aspen Global acquired medical products company GSK s Arixtra Fraxiparine brands from GlaxoSmithKline for 700M GBP

Acquisition Highlights
  • This is Aspen Global’s 1st transaction in the Medical Products sector.
  • This is Aspen Global’s 0th largest (disclosed) transaction.
  • This is Aspen Global’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-09-30
Target GSK s Arixtra Fraxiparine brands
Sector Medical Products
Buyer(s) Aspen Global
Sellers(s) GlaxoSmithKline
Deal Type Divestiture
Deal Value 700M GBP

Target

GSK s Arixtra Fraxiparine brands

United Kingdom
Arixtra and Fraxiparine/Fraxodi are made at a sterile site and the ability to manufacture steriles is globally recognised as a specialist activity resulting in limited possible competition. This is a factor further underlined by the increased complexity of the manufacturing process of Fraxiparine/Fraxodi due to the biological nature of the active pharmaceutical ingredients (“API”) used in their production.

Search 198,123 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Aspen Global

Grand Bay, Mauritius

Category Company
Founded 2008
Sector Life Science
DESCRIPTION

South African-based Aspen is a supplier of branded and generic pharmaceuticals in more than 150 countries across the world and of consumer and nutritional products in selected territories. Aspen has production capabilities for a wide variety of product types including tablets, capsules, eye drops, injectable products (including lyophilized vials), oral contraceptives, form-filled seals, suppositories, liquids, creams, ointments, infant nutritional products, and specialist active pharmaceutical ingredients.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 OTC Products

Grand Bay, Mauritius

OTC Products are primarily sold through the mass retail channel and include the Herron® range of analgesics, vitamins and supplements. This basket of products is expected to generate at least $20 million in annual revenue.

Sell $51M

Seller(S) 1

SELLER

GlaxoSmithKline

Brentford, United Kingdom

Category Company
Founded 1715
Sector Life Science
Employees94,066
Revenue 34.1B GBP (2020)
DESCRIPTION
Entrance to a GlaxoSmithKline facility in Morristown, New Jersey.
Entrance to a GlaxoSmithKline facility in Morristown, New Jersey.

GlaxoSmithKline is a multinational pharmaceutical, biologics, vaccines and consumer healthcare company. GlaxoSmithKline was founded in 1715 and is based in Brentford, the United Kingdom.


DEAL STATS #
Overall 12 of 24
Sector (Medical Products) 1 of 2
Type (Divestiture) 12 of 23
Country (United Kingdom) 5 of 13
Year (2013) 3 of 4
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-30 GlaxoSmithKline - Arixtra & Fraxiparine/Fraxodi Brands

United Kingdom

GlaxoSmithKline - Arixtra & Fraxiparine/Fraxodi Brands is a specialised sterile production site which manufactures the Brands at Notre Dame de Bondeville, France . Arixtra and Fraxiparine/Fraxodi are made at a sterile site and the ability to manufacture steriles is globally recognised as a specialist activity resulting in limited possible competition. This is a factor further underlined by the increased complexity of the manufacturing process of Fraxiparine/Fraxodi due to the biological nature of the active pharmaceutical ingredients (“API”) used in their production.

Sell £700M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 Sirtris Pharmaceuticals

Cambridge, Massachusetts, United States

Sirtris Pharmaceuticals is a biopharmaceutical company focused on discovering and developing proprietary, orally available, small molecule drugs with the potential to treat diseases associated with ageing, including metabolic diseases such as Type 2 Diabetes. Our drug candidates are designed to mimic certain beneficial health effects of calorie restriction by activation of sirtuins, a recently discovered class of enzymes that the Company believes control the ageing process.

Sell -