ADVANZ PHARMA is a specialty pharmaceutical company headquartered in London, with an operations centre of excellence in Mumbai, commercial affiliates in North America, Europe and Australia, and an established global network of commercial partners throughout the rest of the world. With an agile and experienced team, including direct sales, marketing and medical capability across many of Europe’s major markets, ADVANZ PHARMA supplies, innovates and enhances the critical medicines patients depend on, ensuring continued patient access and improving health outcomes.
The acquisition was implemented by way of a members’ scheme of arrangement under Jersey company law. The scheme of arrangement was sanctioned by the Royal Court of Jersey on 27 May 2021 and was effective from 1 June 2021.
The Appleby team was led by Appleby partner Andrew Weaver and counsel Kevin McQuillan. Dispute resolution partner Jared Dann, senior associates Gemma Whale and Daniel Healy and trainee Angharad Prescott also assisted.
Speaking on the transaction Andrew Weaver commented: “We are very pleased to have worked with the ADVANZ PHARMA team in getting this matter to completion and I am proud of the consistent excellence of the Appleby team throughout. We look forward to continuing our longstanding relationship as legal advisers to the growing business as it takes its next steps under new ownership.”
Robert Sully, General Counsel of ADVANZ PHARMA, commented: “The Appleby team have acted as an extension of our own team and have made themselves available around the clock to guide us through the sale. They have been a pleasure to work with on this landmark transaction.”
Appleby’s Merger and Acquisitions (M&A) team is well-positioned to advise clients on a wide range of M&A activities in the offshore region. Its unique jurisdictional reach means that Appleby is able to advise clients on complex, cross-border transactions involving the offshore jurisdictions that are most often encountered. The team regularly work with FTSE 100 and Fortune 500 companies around the globe and those with financial interests in them, to help them deploy strategic growth and restructuring initiatives, whether involving single jurisdictions or complex multi-jurisdictional, multi-disciplinary transactions.
Our lawyers in Jersey provide a full range of legal services to a domestic and international client base and a broad range of sectors, advising them in relation to corporate & financial services, disputes, and property matters. We also provide legal advice in relation to private wealth and corporate trusts.