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Ampersand Capital Partners acquires Nektar Therapeutics' PEG Reagent Manufacturing Business, Launching Gannet BioChem

PRIVATEDec 02, 2024

Acquiring Company

Ampersand Capital Partners

Acquired Company

Gannet BioChem

HuntsvilleManufacturingBiotechnology

Description

Ampersand Capital Partners, a private equity firm specializing in growth equity investments in the healthcare sector, has completed the acquisition of Nektar Therapeutics' PEGylation reagent manufacturing business. The newly branded company, Gannet BioChem, will continue to operate out of its state-of-the-art facility in Huntsville, Alabama. Gannet BioChem is a proven leader in developing, scaling, and manufacturing PEG reagents, essential components in advanced biopharmaceutical and therapeutic products.

Quick answer

Ampersand Capital Partners is acquiring Gannet BioChem, announced December 2, 2024.

How much did Ampersand Capital Partners pay for Gannet BioChem?
The deal value was not disclosed.
Where are Ampersand Capital Partners and Gannet BioChem based?
Gannet BioChem is based in Huntsville, Alabama, United States.

Source: Fundz verified event record.

Other recent acquisitions in Manufacturing and Biotechnology

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Ampersand Capital Partners

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Frequently asked

Who acquired Gannet BioChem?

Gannet BioChem was acquired by Ampersand Capital Partners. The deal was reported on December 2, 2024. Ampersand Capital Partners is privately held.

When did Ampersand Capital Partners acquire Gannet BioChem?

Ampersand Capital Partners's acquisition of Gannet BioChem was reported on December 2, 2024. Ampersand Capital Partners, a private equity firm specializing in growth equity investments in the healthcare sector, has completed the acquisition of Nektar Therapeutics' PEGylation reagent manufacturing business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gannet BioChem do?

Gannet BioChem is a leading specialty CDMO with over 30 years of expertise in developing, scaling, and manufacturing polyethylene glycol (PEG) reagents—essential components in advanced biopharmaceutical and therapeutic products. Operating from a 124,000 sq. It is privately held, operating in Manufacturing, and is based in Huntsville.

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