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Cambrex Sells Two Human Health Facilities

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cambrex Corp. has signed an agreement to sell two non-strategic facilities within its Human Health segment to a holding company controlled by International Chemical Investors II S.A. (ICIG) of Luxembourg. The facilities, which are located in Cork, Ireland and Landen, Belgium, manufacture small molecule APIs and advanced intermediates. The transaction is expected to close within 30 days. “As part of our evaluation of strategic alternatives, we identified the divestiture of Cork an...

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