IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Aqualis acquires Norwegian API producer Weifa

9:37 AM MDT | June 17, 2014 | Deepti Ramesh

Aqualis (Oslo) announced on 17 June that it has entered into a definitive share purchase agreement with Weifa Holding to acquire all of the shares in Weifa (Oslo), a leading, fully-integrated pharmaceutical company in Norway and a major supplier of active pharmaceutical ingredients (APIs) to the international pharmaceutical industry, for 1.1 billion Norwegian kroner ($184 million). Aqualis is involved in the marine and offshore and health-care businesses. Weifa is a market leader within the consumer health pain-relief segment and a leading supplier of APIs for...

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