Lubrizol Sells Active Pharmaceutical Ingredient and Intermediate Compounds Business

04-Apr-2006

The Lubrizol Corporation announced that it has agreed to sell its active pharmaceutical ingredient and intermediate compounds business, with facilities in Raubling, Germany and Chennai, India (A&I). The purchasers are Auctus Management GmbH (Auctus), a German private equity firm located in Munich, Germany, and the current management of the active pharmaceutical ingredient business. KeyBanc Capital Markets advised Lubrizol on the transaction.

This is Lubrizol's fifth and last planned divestiture since it announced its intent in July to market non-core businesses with combined revenues of $500 million. A&I has been part of Lubrizol's consumer specialties product line in the Specialty Chemicals segment. A&I management anticipates that 2006 sales revenues will be approximately $30 million U.S. Terms of the sale were not disclosed. A&I develops and produces active pharmaceutical ingredients and advanced intermediates that are marketed to proprietary and generic drug manufacturers worldwide.

Other news from the department business & finance

These products might interest you

Pharmaceutical Substances

Pharmaceutical Substances by Thieme Verlag

Look up Industrial Syntheses of 2,600 APIs

Your tool for Syntheses, Patents and Applications – Pharmaceutical Substances

technical literature
AZURA Purifier + LH 2.1

AZURA Purifier + LH 2.1 by KNAUER

Preparative Liquid Chromatography - New platform for more throughput

Save time and improve reproducibility during purification

LC systems
Loading...

Most read news

More news from our other portals

So close that even
molecules turn red...