Business Deal Siegfried Completes Acquisition of Three Drug Substances Sites in the US, Australia

With the acquisition, Siegfried adds three high-quality small-molecule drug substances sites to its global drug substances network. The closing of the transaction occurred on May 1, 2026.

Zofingen/Switzerland – Siegfried, a leading global Contract Development and Manufacturing Organization (CDMO) for the pharmaceutical industry, has recently announced that all conditions required for the closing of its previously announced acquisition of three drug substances sites in the US and Australia from an affiliate of SK Capital Partners have been satisfied. The closing of the transaction occurred on May 1, 2026.

The transaction adds three high-quality small-molecule drug substances sites to Siegfried’s global drug substances network: Noramco, a large commercial-scale manufacturing site in Wilmington, Delaware (US); Purisys, a clinical API development and manufacturing facility located in Athens, Georgia (US); and Extractas Bioscience, a manufacturer of purified products based in Westbury, Tasmania (Australia). The three sites employ around 400 people and will be part of Siegfried’s global network upon closing.

Siegfried intends to expand its fast-growing exclusive synthesis business in the US by optimizing its controlled substance capacity across the Wilmington site and its nearby Pennsville facility. Combined with the early-phase development capabilities in Athens and the extraction expertise of Extractas Bioscience, the acquisition strengthens Siegfried’s ability to support customers from early-phase development to commercial manufacturing.

Marcel Imwinkelried, CEO Siegfried: “Reaching this milestone represents another important step in the execution of our Evolve+ strategy. The additional US manufacturing capacity and complementary capabilities strengthen our position in small-molecule drug substances and support our ambition to deliver sustainable, profitable growth. We look forward to welcoming our new colleagues to Siegfried and to working together to further strengthen our global network and realize its full potential.”

Updated guidance for 2026:

For 2026, the net sales contribution from the acquisition is expected to be around 100 million (annualized: around 155 million), at an EBITDA margin at or above the current group EBITDA margin. Reflecting the acquisition, Siegfried now expects growth of net sales in the high-single-digit percentage range in local currencies for the Drug Substance cluster (previously low-single-digit). For the Drug Products cluster, the expected growth of net sales remains in the high-single-digit percentage range in local currencies. As a result, for the Group, Siegfried expects high-single-digit percentage growth of net sales in local currencies (previously low-single-digit).

Siegfried continues to target a core EBITDA margin above 23 %.

Positive mid-term outlook confirmed: Profitable growth above market (excl. M&A).

(ID:50839156)