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Productlife Group Acquires Cilatus And Expands Expertise On Complex Products Development

May 23, 2023•over 2 years ago

Acquiring Company

ProductLife Group

Acquired Company

CILATUS

CourbevoiePharmaceutical

Description

ProductLife Group (PLG), the global and specialized provider of regulatory, vigilance and quality services for the Pharmaceutical, Biotech and Medtech industries, announces the acquisition of Cilatus Group companies, providing Chemistry Manufacturing & Controls (CMC) consulting and Qualified Person (QP) services for clients across the globe.

Company Information

Company

ProductLife Group

Location

Courbevoie, Ile De France, France

About

ProductLife Group’s mission is to improve human health by delivering regulatory compliance services for the safe and effective use of medical solutions. Since almost 30 years, PLG supports clients through the entire product life cycle, combining local expertise with global reach spanning more than 130 countries. It provides consulting and outsourcing services in the areas of regulatory affairs, quality and compliance, vigilances and medical information, covering both established products and innovative therapeutics & diagnostics. With a goal of continuously improving the value delivered to people and customers, PLG is committed to long-term partnership, innovation, flexibility, and cost efficiency.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed