Signet, Bionpharma and GMS Form Pharma Nobis to Acquire Fagron's U.S. Contract Manufacturing Business

February 4, 2022

An investor consortium led by Signet Healthcare Partners with Bionpharma, Inc. and GMS Capital Partners formed Pharma Nobis, LLC to acquire Fagron's U.S. contract manufacturing business and manufacturing facility in Texarkana, Texas. Fagron will retain a 20% interest in the new company; Todd Daviau was named CEO and the investors said they will seek to grow the contract manufacturing and private-label capabilities for consumer healthcare and retail customers.

Buyers
Signet Healthcare Partners, Bionpharma, Inc., GMS Capital Partners LLC, Pharma Nobis, LLC
Targets
Fagron's U.S. contract manufacturing business and manufacturing facility (Texarkana, Texas)
Sellers
Fagron
Industry
Pharmaceuticals
Location
Texas, United States
Transaction Type
Divestiture

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