Patheon is a leading global provider of outsourced pharmaceutical development and manufacturing services, fine chemicals, and proprietary products and technologies to the pharmaceutical and biotechnology industries worldwide. JLL sold Patheon to ThermoFisher.

JLL In Action

Thesis-Driven
Investment

To serve the growing global demand for pharmaceutical products and increased outsourcing of drug development and manufacturing, JLL pursued a vision to create a preeminent pharmaceutical contract development and manufacturing organization with global scale, end-to-end capabilities, and expertise to exceed even the most exacting customer and regulatory requirements.

Impactful
Collaboration

Patheon’s transformational growth was enabled by both its enhanced leadership team and its merger with the pharmaceutical services division of Royal DSM, the Dutch nutrition and fine chemicals company, whose partnership unlocked significant new business opportunities.

Operational
Execution

With a relentless focus on flawless delivery, Patheon’s operational excellence program differentiated the business as the partner-of-choice for customers.

Acquisition-Driven
Acceleration

Through a series of nine transactions, Patheon not only dramatically increased its geographic footprint, but also elevated its positioning, servicing toward the highest growth parts of the market.

Results

6x EBITDA
Growth

2x
Margin Expansion

Capabilities Across 75% of
all Dosage Forms

$7.2 billion
Exit Value