Monday 24 August 2020

Kohlberg & Co, Mubadala take controlling stake in PCI Pharma - Reuters

Kohlberg & Co, Mubadala take controlling stake in PCI Pharma - Reuters:

Private equity firm Kohlberg & Company and Abu Dhabi state investor Mubadala have agreed to take a controlling stake in PCI Pharma Services, a U.S. pharmaceutical outsourcing company, from Partners Group, the companies said on Monday.

Under the deal, Kohlberg will buy a majority stake, Mubadala a significant stake and Partners Group will retain a minority equity stake in the company.

The size of the stakes and value of the deal were not disclosed.

Headquartered in Philadelphia, PCI Pharma Services provides a broad range of integrated pharmaceutical supply chain solutions from the earliest stages of drug development through to its commercial launch.

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