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Wacker Purchases ADL BioPharma in €100M Deal

Expands fermentation capacities by almost 2,000 cubic meters and adds additional capacities for recovery and purification processes.

The Wacker Chemical Group has acquired contract manufacturing organization (CMO) ADL BioPharma for approximately €100 million. The shares were purchased from Kartesia, a financial investor with whom Wacker signed a corresponding agreement finalizing the transaction last week. Following Wacker’s purchase of fermentation assets in the northern Spanish city of León in 2016, the chemical group now owns the entire site. The acquisition of the company, employing a staff of roughly 300, expands W...

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