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CSL acquires majority stake in Chinese plasma manufacturer Ruide for $352mm, plus earn-out
11 Jul 2017
Executive Summary
CSL Ltd. acquired an 80% stake in Humanwell Healthcare's Wuhan Zhong Yuan Rui De Biological Products Co. (Ruide), a manufacturer of plasma-based therapies, for $352mm in cash, which CSL will fund through an existing debt facility.
Deal Industry
- Pharmaceuticals
- Services
-
Biotechnology
- Synthesis Technologies, Production Processes
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Includes Earnout
- Partial Acquisition
- Payment Includes Cash
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CSL acquires majority stake in Chinese plasma manufacturer Ruide for $352mm, plus earn-out
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