Seller: Senn Chemicals AG
Buyer: Granules India Limited
Advisory sell side: Hoffmann & Partner | Financial Advisory
Kellerhals Carrard | Legal Advisory
Advisory buy side: Stifel Nicolaus India | Financial Advisory
Loyens & Loeff | Legal Advisory
Deloitte | Financial & Tax Due Diligence
Kroll | Valuation Advisory
Date announced: 10-04-2025

Granules India Limited, a vertically integrated pharmaceutical company headquartered in India, has acquired Senn Chemicals AG, a Swiss-based Contract Development and Manufacturing Organization (CDMO) specializing in peptide synthesis and manufacturing. The acquisition was completed through Granulesโ€™ wholly owned subsidiary, Granules Peptides Private Limited.

Senn Chemicals, based in Dielsdorf, Switzerland, brings over 60 years of expertise in peptide therapeutics, with capabilities in Liquid-Phase and Solid-Phase Peptide Synthesis (LPPS and SPPS). The acquisition marks Granules' strategic entry into the fast-growing peptide API and CDMO segments and extends its scientific and development capabilities into next-generation therapeutic areas, including GLP-1 receptor agonists used in anti-diabetic and anti-obesity drugs.

The acquisition also significantly expands Granulesโ€™ footprint in Europe and strengthens its access to regulated markets and specialized talent.

About Senn Chemicals

Senn Chemicals AG, founded in 1963, is a leading CDMO for peptide and amino acid derivative (AAD) development and manufacturing. The company offers GMP and non-GMP capabilities for clients in pharmaceuticals, cosmetics, and theragnostics, covering projects from clinical trials to commercial scale.

About Granules India

Granules India Limited is a global pharmaceutical company involved in the manufacturing of Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs), and Finished Dosages (FDs). With 10 manufacturing sites (8 in India, 2 in the USA) and operations across 80+ countries, Granules holds approvals from major regulatory bodies including the US FDA, EDQM, WHO GMP, and others.

Hoffman Partners

Granules India