M&A Deal Summary

Bilcare Acquires INEOS Films

On August 2, 2010, Bilcare acquired chemicals company INEOS Films from INEOS Group AG for 6.1B INR

Acquisition Highlights
  • This is Bilcare’s 1st transaction in the Chemicals sector.
  • This is Bilcare’s 0th largest (disclosed) transaction.
  • This is Bilcare’s 1st transaction in the United States.
  • This is Bilcare’s 1st transaction in Delaware.

M&A Deal Summary

Date 2010-08-02
Target INEOS Films
Sector Chemicals
Buyer(s) Bilcare
Sellers(s) INEOS Group AG
Deal Type Divestiture
Deal Value 6.1B INR

Target

INEOS Films

Delaware City, Delaware, United States
INEOS Films, Inc. is a global producer of high quality polymer films built on expertise and innovation. The company plays a major role in the world of pharmaceutical blister packaging, films for printing and decoration, shrink film for sleeves, capsules and plastic credit cards. The company employs around 1300 people across manufacturing sites in Germany, Italy, India and North America.

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Buyer(S) 1

Buyer

Bilcare

Pune, India

Category Company
Sector Life Science
Revenue 7.5B INR (2024)
DESCRIPTION

Bilcare is an innovation-led packaging solutions provider that partners with the pharmaceutical industry to improve patient healthcare outcomes. Company endeavor to deliver effective and affordable solutions that enhance the speed and quality of drug discovery and help build and protect brands by ensuring the delivery of genuine medicines to patients. Bilcare PPI offers Innovative Pharmaceutical Packaging Solutions comprising of a wide range of specialty Polymer Films and Aluminum Foils mainly used for packaging of solid dosage pharmaceutical products. Bilcare GCS provides Global Clinical Material Supplies for new drug discovery projects. Bilcare Technologies provides track and trace, authentication and Anti-counterfeit (nCID - nonclonableID) solutions for product & people ID authentication and security. Bilcare is based Pune, India.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-20 Bilcare Global Clinical Supplies

Crickhowell, United Kingdom

Bilcare Global Clinical Supplies (Europe) Ltd. is a clinical trials materials business providing services to global pharmaceutical and biotech manufacturers and Clinical Research Organisations from facilities in the US and UK. The services include the formulation, development, packaging, labelling and supply chain management of drugs used in the clinical trials process.

Sell $61M

Seller(S) 1

SELLER

INEOS Group AG

Rolle, Switzerland

Category Company
Sector Chemicals
Employees17,000
DESCRIPTION

INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 18 businesses each with a major chemical company heritage. Its production network spans 67 sites in 16 countries throughout the world. INEOS is a young company. It has grown to become a leading chemical company with sales today of around $40 billion.


DEAL STATS #
Overall 1 of 3
Sector (Chemicals) 1 of 3
Type (Divestiture) 1 of 3
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 INEOS Baleycourt

Netherlands

INEOS Baleycourt is a producer of high-quality products that serve the polymer additives, lubricant, renewable energy and food markets.

Sell -