Transaction

Clearwater identifies Durbin as a strategic target for the Uniphar Group

Transaction

Uniphar Group acquired Durbin

Acquisition

Undisclosed

Role

Adviser to Uniphar Group on the acquisition of Durbin

Sector

Healthcare

Region

UK

Clearwater has supported Uniphar Group on the identification of its recent strategic acquisition of Durbin, a specialist supplier of pharmaceuticals based in the US and UK.

Headquartered in Dublin, Ireland, Uniphar Group is a diversified healthcare services business servicing the requirements of more than 200 multinational pharmaceutical and medical technology manufacturers across three divisions – Commercial & Clinical, Product Access, and Supply Chain & Retail. With a workforce of more than 2,000, the Group is active in Ireland, the UK, the Benelux and the US.

Established over 50 years ago, Durbin is a specialist supplier of pharmaceuticals. The company sources and distributes products and its key focus is on the creation of exclusive market access programmes for global pharmaceutical and biotech companies.

Durbin, which supplies more than 160 countries, will be integrated into Uniphar’s Product Access division, growing the unit to more than 170 employees and managing access programmes for 36 global manufacturers.

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Uniphar has a clear ambition to become a leading player in managing global access programmes for our pharmaceutical clients. We were looking for potential acquisition targets and through its sectoral knowledge, Clearwater identified Durbin as a potential match to meet our own strategic plans - we would commend Clearwater’s Head of Healthcare Ramesh Jassal and his team in helping us source a quality acquisition target.

Padraic Dempsey CCO Uniphar Group
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Clearwater’s, sector knowledge and level of connectivity to strategic buyers was instrumental in connecting Durbin to Uniphar. Ramesh Jassal, Head of Healthcare, introduced Uniphar to Durbin’s capabilities which matched Uniphar’s vision. Combining Durbin’s global sourcing and distribution platform as well as its regulatory and compliance expertise with Uniphar’s digital capabilities will greatly enhance the enlarged Group’s global ambitions within its Product Access division.

Leslie Morgan, CEO Durbin

Transactions