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DSM and JLL complete pharma services merger

6:02 AM MDT | March 14, 2014

DSM and private equity firm JLL Partners (New York) has completed the previously announced merger of its pharmaceutical services and contract manufacturing business to form DPx Holdings. The deal combines DSM Pharmaceutical Products (DPP; Parsippany, NJ), the custom manufacturing and technology business of DSM; with Patheon (Toronto), a portfolio company of JLL. DSM and JLL announced plans to create the company in November 2013. DPx, which becomes a leading global contract development and manufacturing organization, is expected to have annual sales of about $2...

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