Biopharma

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Bionaturis Signs Binding Agreement With ADL For Integration Operation

• Bionaturis and ADL Biopharma will create a European biotechnological benchmark.
• The integration operation is subject to the pertinent approvals.
• After the integration, a capital increase is planned to enhance the free-float, the liquidity of the shares and to finance the growth of the integrated company
• Black Toro Capital, the fully owners of ADL Biopharma, will control 85% of the resulting company.

Bionaturis (ticker BNT) have just signed a binding integration agreement with ADL Biopharma, a company specialized in industrial bioprocessing of fermentation-based products with applications in human and animal health.This integration agreement aims to build-up a European leader in red biotechnology, focused mainly on the development and commercialization of high-value fermentation-based bioproducts.Bionaturis will add its capacity to develop premium products and its position as a reference partner of the One Health concept, and ADL will contribute with one of the biggest fermentation sites in Europe and with a broad customer portfolio. The integration will produce many synergies for both companies, highlighting the level of complementarity of their customers and products. The resulting company will offer a broader spectrum of products and services, covering different features and needs of the steady growing human and animal health sectors.

Pilar de la Huerta, CEO of ADL Biopharma, has stated: “Bionaturis innovation capacity along with the industrial capacity of ADL will expand quickly our products and market opportunities, enhancing our growth significantly, and positioning the integrated company as a leader in Southern Europe in the development and production of fermentation bioproducts for human and animal applications”.

For Victor Infante, CEO of Bionaturis Group, as a reference partner in the One Health concept the operation “will increase our customer base, expand the industrial production capacity of our premium products and will enhance our innovation in the fields of human and animal health. The new structure will help us optimize the […]

December 4th, 2017|Blog english, Hechos Relevantes|Comments Off on Bionaturis Signs Binding Agreement With ADL For Integration Operation

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