M&A Deal Summary

Ivax Acquires ChemSource

On January 27, 2003, Ivax acquired life science company ChemSource from Chemo Iberica S.A. and Quimica Sintetica S.A.

Acquisition Highlights
  • This is Ivax’s 1st transaction in the Life Science sector.
  • This is Ivax’s 1st transaction in Puerto Rico.

M&A Deal Summary

Date 2003-01-27
Target ChemSource
Sector Life Science
Buyer(s) Ivax
Sellers(s) Chemo Iberica S.A.
Quimica Sintetica S.A.
Deal Type Divestiture

Target

ChemSource

Puerto Rico
ChemSource Corp. is a developer, manufacturer and sells active pharmaceutical ingredients (APIs) for various pharmaceutical product.

Search 214,876 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

Ivax

Miami, Florida, United States

Category Company
Sector Life Science
Employees8,175
Revenue 1.2B USD (2002)
DESCRIPTION

Ivax Corp. is a develops, manufactures, and markets branded and brand equivalent (generic) pharmaceuticals and veterinary products.


DEAL STATS #
Overall 1 of 3
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Puerto Rico M&A 1 of 1
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-01 Polfa Kutno S.A.

Kutno, Poland

Polfa Kutno, S.A. is a producer and marketer of prescription medicines and Over The Counter (OTC) drugs.

Buy -

Seller(S) 2

SELLER

Chemo Iberica S.A.

Barcelona, Spain

Category Company
Founded 1940
Sector Life Science
DESCRIPTION

Chemo Iberica, S.A. is a developer and manufacturer of products for the life sciences sector.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Puerto Rico M&A 1 of 1
Year: 2003 M&A 1 of 1
SELLER

Quimica Sintetica S.A.

Alcala de Henares, Spain

Category Company
Sector Life Science
DESCRIPTION

Quimica Sintetica S.A. is a pharmaceutical company that manufactures and markets active pharmaceutical ingredients (APIs) for various pharmaceutical products.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Puerto Rico M&A 1 of 1
Year: 2003 M&A 1 of 1