IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Pharma/fine chemicals roundup—14 January 2014

12:14 AM MST | January 14, 2014 | Deepti Ramesh

H.I.G. reaches deal to acquire parent of Ampac Fine Chemicals for $392 million American Pacific (Ampac; Las Vegas), the parent company of Ampac Fine Chemicals (AFC; Rancho Cordova, CA), announced that it has entered into a definitive merger agreement to be acquired by investment funds managed by H.I.G. Capital, a leading, global, private investment firm, in an all-cash transaction valued at approximately $392 million. Under the terms of the merger agreement, affiliates of H.I.G. will, no later than 24 January, commence a tender offer to acquire all of the...

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