Houlihan Lokey Advises Astorg
Houlihan Lokey is pleased to announce that Astorg has signed a binding agreement to acquire CordenPharma from International Chemical Investors Group. CordenPharma is a leading global pharmaceutical CDMO (Contract Development & Manufacturing Organization) with highly differentiated capabilities in Active Pharmaceutical Ingredients, Excipients and Drug Products. As part of the transaction, the founders will take the opportunity to reinvest as partners with Astorg. Astorg will work with CordenPharma to further accelerate growth through both organic and external initiatives. The transaction was announced on 2 May 2022, and completion is subject to customary closing conditions