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Advent International announces the completion of the acquisition of Suven Pharma

Advent International announces the completion of the acquisition of Suven Pharma
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suven: PE Advent completes acquisition of Suven Pharma, appoints new Board and management team

Private equity firm Advent International has completed its majority acquisition of Indian contract development and manufacturing organisation (CDMO) Suven Pharma. Advent acquired a 50.1% stake in Suven in December 2020 for INR 6,313 crore ($866 million) and will launch an open offer for an additional 26% of the company.

PE firm Advent acquires 50 1% stake in Suven Pharma at Rs 495/share, to make open offer for additional 26% stake

Advent acquires 50 1% in Suven Pharma, open offer for additional 26% ahead

Advent acquires 50 1% in Suven Pharma, open offer for additional 26% ahead
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Advent puts in place a new team to helm Suven Pharma - The Hindu BusinessLine

Advent puts in place a new team to helm Suven Pharma - The Hindu BusinessLine
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