ALTURiX Sold to Kelso Pharma in Strategic Move
Deal News | Mar 11, 2025 | Farrer & Co
The shareholders of ALTURiX Holdings Limited have agreed to sell the company to Kelso Pharma, under the guidance of legal advisory firm Farrer & Co. ALTURiX, based in Milton Keynes, focuses on providing branded specialty medicines, enhancing patient care, and alleviating NHS costs. Kelso Pharma, backed by Apposite Capital, specializes in innovative medicines for Europe. The transaction was managed by Tom Bruce and his corporate team from Farrer & Co, emphasizing a collaborative and well-aligned process. The co-founders expressed satisfaction with the meticulous representation and teamwork that facilitated the sale. The acquisition aligns strategically with Kelso Pharma's growth goals, promising advancements for patients and healthcare providers.
Sectors
- Pharmaceutical Industry
- Healthcare Investments
- Legal Advisory
Geography
- United Kingdom – ALTURiX is based in Milton Keynes, Kelso Pharma is UK-headquartered, and the advisory firm Farrer & Co is also located in the UK.
- Europe – The acquisition focuses on expanding the presence of Kelso Pharma in the European healthcare markets.
Industry
- Pharmaceutical Industry – The article involves ALTURiX and Kelso Pharma, both of which are companies in the pharmaceutical sector.
- Healthcare Investments – Involves Apposite Capital, a fund specializing in healthcare investments, which backs Kelso Pharma.
- Legal Advisory – Features legal advisory provided by Farrer & Co for the acquisition process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ALTURiX Holdings Limited | Target Company | Company | A pharmaceutical business supplying branded specialty medicines. |
| Kelso Pharma | Bidding Company | Company | A UK-headquartered pharmaceutical business focusing on bringing innovative medicines to European healthcare markets. |
| Apposite Capital | Investor | Company | A fund specializing in healthcare investments, backing Kelso Pharma. |
| Farrer & Co | Legal Advisor | Company | Provided legal advisory services to the shareholders of ALTURiX during the sale process. |
| Simon Clough | Co-Founder | Person | Co-Founder of ALTURiX, involved in the sale process. |
| Lak Sahota | Co-Founder | Person | Co-Founder of ALTURiX, involved in the sale process. |
| Simon Fisher | Co-Founder | Person | Co-Founder of ALTURiX, comments on the company's growth and sale. |
| Tom Bruce | Head of Entrepreneurs | Person | Led the Farrer & Co legal team handling the transaction. |
| Georgina Fraser | Corporate Senior Associate | Person | Part of the Farrer & Co corporate team assisting in the sale. |
| Georgia Slater | Corporate Associate | Person | Part of the Farrer & Co corporate team assisting in the sale. |