Recipharm to acquire Mitim Srl for SEK 640 million adding scale and niche technology in injectable beta lactams
Recipharm AB today announces that it has entered into an agreement to acquire Italian CDMO, Mitim Srl adding scale and capabilities to the group. Mitim is currently owned by a private Italian family and is specialised in the filling of injectable beta lactam products. It is located in Brescia close to Recipharm’s existing operations in Northern Italy. The transaction will complete tomorrow, 24th February 2016.Highlights · Adds an important technology in the filling of injectable beta lactams with sales to the US and European markets. · The transaction is valued to an Enterprise