Trade Resources Industry Views The Consortium,Has Agreed to Pay $308 Million in Cash

The Consortium,Has Agreed to Pay $308 Million in Cash

The consortium, headed by Frazier affiliate Frazier Healthcare VI LP, has agreed to pay $308 million in cash, subject to certain adjustments such as working capital, for AndersonBrecon.

“We are pleased that AndersonBrecon will join well-established firms heavily invested in the healthcare services market, including the pharmaceutical contract packaging sector,” said Steven H. Collis, AmerisourceBergen president and chief executive.

He added: “This transaction will help ensure that AndersonBrecon will continue to thrive in the years ahead, and allows AmerisourceBergen to focus on its distribution, specialty and manufacturer services businesses.”

Source: http://www.packagingnews.co.uk/news/amerisourcebergen-sells-contract-packaging-arm/
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Amerisourcebergen Sells Contract Packaging Arm