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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Novasep Completes $409-Million Recapitalization
1:16 PM MDT | March 22, 2012 | Alex Scott
Novasep (Pompey, France), a provider of purification-based manufacturing solutions for the fine chemicals sector, has secured a €310-million ($409 million) recapitalization package and brought in new shareholders. The new funds will enable the company strengthen its balance sheet and increase its funds available for investment in customer-focused growth initiatives, the company says. The €310 million recapitalization includes €30 million invested by the Fonds Stratégique d'Investissement (FSI), France’s strategic investment...
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