Catalent sees $1B Bettera deal as a key to growth in nutrition and consumer health

“This acquisition is a key strategic transfer for Catalent’s shopper well being enterprise, the place our management in manufacturing applied sciences and formulation can provide prospects extra product growth alternatives and add manufacturing capability on this dynamic and fast-growing section,” Aris Gennadios, president of Catalent’s Softgel and Oral Applied sciences unit, stated in a ready assertion.

Catalent stated it’s going to pay for Bettera with money and it expects to finish the transaction by the tip of this 12 months. When the deal closes, all the roughly 500 Bettera workers will be part of Catalent, bringing with them product growth, manufacturing, and packaging belongings, in addition to manufacturing amenities in California, Indiana, New Jersey, and Virginia.

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