Add-on Acquisition • Life Science

Wacker Chemie Acquires Wacker Leon

On May 8, 2023, Wacker Chemie acquired life science company Wacker Leon from Kartesia for 100M EUR

Acquisition Context
  • This is Wacker Chemie’s 1st transaction in the Life Science sector.
  • This is Wacker Chemie’s 0th largest (disclosed) transaction.
  • This is Wacker Chemie’s 1st transaction in Spain.

Explore All 3111 Add-on Acquisition Life Science Deals - Search the Database Free


M&A Deal Summary

Date May 8, 2023
Target Wacker Leon
Sector Life Science
Buyer(s) Wacker Chemie
Sellers(s) Kartesia
Deal Type Add-on Acquisition
Deal Value 100M EUR

Target Company

Wacker Leon

Leon, Spain
Wacker Leon is a Bio-pharma manufacturing company that develops, manufactures, sells and distributes a broad range of pharmaceutical products, focusing on Active Pharmaceutical Ingredients ("APIs") for penicillin-based antibiotics. Wacker Leon was founded in 1954 and is based in Leon, Spain.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Wacker Chemie

Munich, Germany

Category Company
Founded 1914
Sector Chemicals
Employees16,425
Revenue 5.7B EUR (2024)
DESCRIPTION

Wacker Chemie is a provider of specialty chemical products worldwide. Wacker Chemie was founded in 1914 and is based in Munich, Germany.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Spain 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-25 Electroschmelzwerk Kempten AG

Munich, Germany

ESK (then known as Electroschmelzwerk Kempten AG) was founded in 1922 to produce non-oxide powders and technical ceramics.

Sell $118M

Seller Profile 1

SELLER

Kartesia

Investor Investor Investor Investor Investor


Category Lender
Founded 2013
PE ASSETS 7.5B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Kartesia is a private investment group and lender that looks to invest in lower middle-market companies throughout the European Union and Central Europe. The Firm is industry agnostic and seeks to commit €10 to €150 million in profitable companies with at least €5 million of EBITDA. Proceeds are typically invested alongside sponsors to support buyouts, recapitalizations, shareholder liquidity needs, or restructurings. Kartesia was established in 2013 and is headquartered in London.


Deal Context for Seller #
Overall 4 of 10
Sector: Life Science 1 of 1
Type: Add-on Acquisition 1 of 2
Country: Spain 1 of 2
Year: 2023 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-27 Obsequio Group

Leicester, United Kingdom

Obsequio Group provides a range of technology driven compliance solutions that ensure the environments where people spend their time, whether to live in, learn in or work in, are completely safe. Obsequio Group is based in Leicester, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-26 Green Mobility

Munich, Germany

Green Mobility is a technology-based e-bike leasing groups. Green Mobility is based in Munich, Germany.

Buy -