PMC Group International Acquires Copperhead Chemical Company
February 5, 2021
PMC Group International, Inc. announced the acquisition of Cobra Investments Management Inc. and its two subsidiaries, Copperhead Chemical Company Inc. and Copperhead Investments Inc., effective February 5, 2021. Copperhead, headquartered in Tamaqua, Pennsylvania, is a long-established manufacturer of pharmaceutical-grade nitroglycerin and energetic chemicals for defense; PMC said the deal strengthens its pharmaceutical manufacturing capabilities and creates synergies with its global pharma and specialty-chemicals businesses.
- Buyers
- PMC Group International, Inc.
- Targets
- Cobra Investments Management Inc., Copperhead Chemical Company Inc., Copperhead Investments Inc.
- Sellers
- Group of previous owners (unnamed)
- Industry
- Pharmaceuticals
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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