In $1B buy­out, Catal­ent takes on gum­my com­pa­ny to jump in­to a boom­ing mar­ket

Few CD­MOs have been quite as ac­tive as Catal­ent in the last 18 months, as the com­pa­ny has an­nounced merg­ers, ac­qui­si­tions and ex­pan­sions al­most week­ly. The com­pa­ny’s next big move is a bit dif­fer­ent, as it an­nounced a dive in­to gum­my vi­t­a­mins on Mon­day.

The New Jer­sey-based com­pa­ny will buy Bet­tera Hold­ings and its four US man­u­fac­tur­ing sites for $1 bil­lion, the com­pa­ny said Mon­day.

Bet­tera spe­cial­izes in sup­ple­ments, and is backed by High­lander Part­ners, a pri­vate eq­ui­ty firm. The com­pa­ny is based in Plano, TX and makes gum­my, soft-chew and lozenge vi­t­a­mins. The deal al­lows Catal­ent to ex­pand its soft­gel man­u­fac­tur­ing as the mar­ket grows.

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