Olon Acquires Ricerca Biosciences’ Chemical DivisionBy
Olon S.p.A., an Italy-headquartered contract development and manufacturing organization of active pharmaceutical ingredients and generics supplier, has acquired the Chemical Division of Concord, Ohio-based Ricerca Biosciences, a contract research organization and CDMO. Financial terms were not disclosed.
This acquisition strengthens the service offering of Olon for the pharmaceutical and biotech industry and benefits the Ricerca Biosciences customer base by providing large-scale manufacturing capabilities in Europe.
In 2016, Olon acquired Infa, an Italy-based contract manufacturer of APIs and intermediates. The acquisition of Ricerca provides Olon with US-based manufacturing. With the acquisition of Infa, Olon gained additional manufacturing sites bringing Olon’s manufacturing sites to eight European production sites (Rodano, Settimo Torinese, Garbagnate Milanese, Mulazzano, Dorno, Segrate, and Lodi in Italy and one site in Murcia, Spain).