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Siegfried Acquires AMP

Gains entry into custom sterile filling market

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Siegfried Holding AG has acquired Alliance Medical Products, Inc. (AMP) for $58 million in cash, giving Siegfried entry into the custom market for sterile filling services. AMP is also eligible to receive an earn-out consideration subject to AMP profitability goals for the fiscal year ended December 31, 2013. AMP, based in Irvine, CA provides sterile filling services for medications and achieved revenues of $20 million in 2011 with approximately 100 employees. Siegfried will retain AMP’s manage...

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