MIDLANDS | BDO TRANSACTION SERVICES 04
CLINIGENGROUP PLC ACQUIRED CSM HOLDINGS INC
SECTOR: HEALTHCARE Provided financial and tax due diligence services to AIM-listed Clinigen Group Plc in connection with the acquisition of Clinical Supplies Management Holdings, Inc (‘CSM’). Headquartered in the USA with subsidiary operations in Belgium and Germany, CSM provides a wide range of clinical trial services, including packaging, labelling, warehousing and logistics. The acquisition strengthens Clinigen’s competitive positioning and breadth of service offering within its Clinical Trials division.
Thank you to the BDO team for the work on these acquisitions; professional, timely and high quality as always. In particular, the flexible and value-add support provided throughout the transaction processes underlines BDO’s position as a trusted adviser to Clinigen and was highly appreciated. Following BDO’s role as Reporting Accountant in connection with Clinigen’s admission to AIM in 2012, BDO’s Midlands Transaction Services team has supported the group’s growth through provision of buy-side financial and tax due diligence in respect of group acquisitions in the UK, South Africa, Australia, Switzerland and the USA. Clinigen is now a global pharmaceutical services group with a market capitalisation of c£1.2bn.
MARTIN ABELL – Chief Financial Officer, Clinigen Group plc
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