ANJAC Health & Beauty Strengthens Its Presence in North America and Its Pharmaceutical Activities with the Acquisition of Pillar5 Pharma
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PARIS — Nowadays ANJAC Overall health & Attractiveness (ANJAC) declared its acquisition of Pillar5 Pharma (Pillar5), one of the main manufacturers (CDMOs) specializing in the generation of sterile ophthalmic options and specialized niche reliable dose production (tablets, capsules etcetera.). The acquisition reinforces ANJAC’s worldwide growth and broadens its well being offerings with new ophthalmic services for nearby and global makes and laboratories. This is ANJAC’s next main procedure of 2022, pursuing its acquisition of Apollo Health care in January.
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Pillar5, a key CDMO stakeholder in the North American sterile ophthalmology marketplace
Pillar5, a Canadian firm, is a single of the most important North American CDMOs for the manufacturing of sterile ophthalmic solutions and strong dose producing (tablets, capsules, etc.). Pillar5 is a trailblazer, the very first CDMO to present multi-dose preservative cost-free abilities, an modern ophthalmic option, on the North American sector.
Pillar5, primarily based in Arnprior, Ontario, turned an independent business in 2009, giving a entire line of providers ranging from formulation, merchandise manufacturing and tailor made packaging to supplying technical solutions. Pillar5 has built a diversified portfolio of loyal clients, operating with big pharmaceutical laboratories as perfectly as professionals in ophthalmological care.
The organization has 150 workforce, and a turnover of CAD$50M.
The expansion of ANJAC Health & Attractiveness proceeds with a unique entrepreneurial momentum
ANJAC’s arrangement with Pillar5 marks its ninth acquisition in five decades, which will carry its world wide turnover near to 650 million euros. The group’s turnover will have doubled in the room of a few many years. Each new acquisition represents an possibility for ANJAC to increase its providers in distinct domains and profit from their complementarities. The ANJAC team now includes 14 specialised businesses, with 22 R&D and manufacturing web pages.
“We’re quite delighted with this strategic acquisition. It will foster our development in a new crucial sector, the ophthalmology sector, precisely as a result of sterile, multi-dose preservative absolutely free ophthalmic solutions, an innovation with superior included price,” claims Aurélien Chaufour, President of ANJAC.
“We’re delighted to be a part of a relatives-owned industrial group that will assistance our formidable enlargement initiatives. We’re currently pinpointing synergies, significantly on a professional degree, with worldwide clientele that could be a good match for Pillar5 and other firms in the ANJAC group,” says Dwight Gorham, President and CEO of Pillar5.
About ANJAC Health and fitness & Splendor
ANJAC Health and fitness & Attractiveness is a French family-owned industrial group and a lover to splendor & wellness makes and pharmaceutical laboratories. It produces, develops and manufactures, from raw supplies to the concluded products. ANJAC is designed up of the subsequent 14 specialized and complementary organizations, with 22 R&D and creation sites in the fields of health, elegance, personal treatment and food stuff supplements: Aircos, Apollo, Chemineau, Cosmetix West, Euro Wipes, Feltor, Innovi, LPEV, Pascual Cosmétiques, Pillar5, Roval Cosmétiques, Shadeline and Sicaf. Founded in 2008, the group now has a workforce of in excess of 3,000 and a consolidated turnover shut to €650 million.
Posting information
For a lot more information: www.anjac.com
About Pillar5
Started in 2009, Pillar5 Pharma is an business-leading Canadian CDMO with strong capabilities in sterile ophthalmic production. We are at this time the only CDMO with the ability to manufacture multi-dose preservative cost-free (MDPF) alternatives for the North American sector. Our award-successful manufacturing facility was created by Pfizer in 1956 and has been instrumental to our company’s continued progress and good results.
For info: www.pillar5pharma.com
CONSULTANTS
Lillentech and Mazars (money solutions), and the two Fasken Martineau DuMoulin LLP and Gibson Dunn & Crutcher LLP (legal companies), have acted as consultants for ANJAC.
Bloom Burton (financial) and Norton Rose LLP (legal) were consultants for Pillar5.
View source model on businesswire.com: https://www.businesswire.com/information/house/20220311005431/en/
Contacts
Nicolas Fuseau – nicolas.fuseau@grayling.com – +33 6 59 42 29 35
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