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Hilco Industrial Acquires Machinery & Equipment from Legacy Pharmaceuticals

The Swiss-based CMO filed bankruptcy in December 2020.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Hilco Industrial Acquisitions, an Amsterdam-based Industrial Asset Disposition and Acquisition Company, has acquired all machinery and equipment from the Swiss-based contract manufacturing organization (CMO) Legacy Pharmaceuticals.   After several years of expansion, the Swiss company was forced to file for bankruptcy in December 2020. After decontamination of the facility, the Cantonal Insolvency Department Basel-Land organized a liquidation sale of all assets at the end of March 2021. It was H...

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