Recipharm AB Completes Acquisition Of Corvette Pharmaceutical Services Group For SEK1.1 Billion

STOCKHOLM--(BUSINESS WIRE)--Regulatory News: The contract development and manufacturing organisation, Recipharm AB (STO: RECI) has completed the purchase of Milan based Corvette Pharmaceutical Services Group (Corvette) from Italian private equity group, LBO Italia Investmenti s.r.l.

Highlights

ยท Corvette had 2013 revenue and EBITDA of EUR 57.7 million (SEK 499 million) and EUR 15 million (SEK 130 million) respectively.

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