Pharma BD Deal Intelligence

Novo Holdings A/S / Catalent (manufacturing sites)

2024 · Acquisition/Merger · $11.0B · Complete

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Oct 11, 2004 Wikipedia Neutral

Novo Holdings acquired Catalent for $11B (via parent) for Wegovy/Ozempic manufacturing.

Dec 14, 2024 Novo Nordisk Form 6-K (Dec 2024) Neutral

Novo Nordisk 6-K covering the $11B acquisition of three Catalent fill-finish sites from Novo Holdings.

Dec 18, 2024 Catalent (close press release) Neutral

Novo Holdings completed its acquisition of Catalent in an all-cash transaction with a total enterprise value of ~$16.5B; holders received $63.50/share. Novo…

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Novo Holdings acquired Catalent in an all-cash deal with a total enterprise value of approximately $16.5 billion ($63.50/share), closed December 18, 2024 after EU Commission unconditional approval (Dec 6, 2024) and the FTC declining to challenge. Concurrently, Novo Nordisk acquired three Catalent fill-finish sites (Anagni, Italy; Bloomington, Indiana; Brussels, Belgium) from Novo Holdings for $11 billion to secure and scale GLP-1 fill-finish capacity for Wegovy and Ozempic, expanding Novo Nordisk's fill-finish footprint from 11 to 14 sites.

Key facts

Related deals — scored

DealYearValueOutcome
Novo Holdings A/S / Catalent (manufacturing sites) (this deal)2024$11.0B81
Novo Holdings A/S / Catalent, Inc.2016$16.5B68
Novo Nordisk A/S / Emisphere Technologies2020$1.4B90
Roche Holding AG / Corange Ltd. (Boehringer Mannheim Group)1997$11.0B88
Sanofi SA / Genzyme Corporation2011$20.1B84
AstraZeneca PLC / Bristol-Myers Squibb Company / Amylin diabetes alliance2012$3.5B77
Roche Holding AG / Carmot Therapeutics Inc.2023$2.7B72

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