M&A Deal Summary

I rom Group Co. Acquires IDT Australia - CMAX Clinical Trial Business

On October 28, 2016, I rom Group Co. acquired life science company IDT Australia - CMAX Clinical Trial Business from IDT Australia for 14M AUD

Acquisition Highlights
  • This is I rom Group Co.’s 1st transaction in the Life Science sector.
  • This is I rom Group Co.’s largest (disclosed) transaction.
  • This is I rom Group Co.’s 1st transaction in Australia.

M&A Deal Summary

Date 2016-10-28
Target IDT Australia - CMAX Clinical Trial Business
Sector Life Science
Buyer(s) I rom Group Co.
Sellers(s) IDT Australia
Deal Type Divestiture
Deal Value 14M AUD

Target

IDT Australia - CMAX Clinical Trial Business

Boronia, Australia
IDT Australia Ltd. - CMAX Clinical Trial Business offers a full suite of clinical trial services including Phase I clinical trials management and delivery, recruitment in specific disease states for Phase II and Phase III trials.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

I rom Group Co.

Tokyo, Japan

Category Company
Founded 1997
Sector Life Science
Employees338
DESCRIPTION

I'rom Group Co. Ltd. is a manufacturer of generic drugs in japan.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

IDT Australia

Boronia, Australia

Category Company
Founded 1975
Sector Medical Products
Revenue 19M AUD (2025)
DESCRIPTION

IDT Australia is a pharmaceutical manufacturing company that develops and produces high-potency and high-containment pharmaceutical products for local and international clients. IDT Australia was founded in 1975 and is based in Boronia, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 IDT Australia - CMAX Clinical Trial Business

Boronia, Australia

IDT Australia Ltd. - CMAX Clinical Trial Business offers a full suite of clinical trial services including Phase I clinical trials management and delivery, recruitment in specific disease states for Phase II and Phase III trials.

Buy -