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About the Deal

Novartis has entered into an agreement with Siegfried Holding AG, a leading Contract Development & Manufacturing Organization. Siegfried will acquire the Novartis manufacturing sites at Barberà del Vallès and El Masnou (Spain) and will become a key supplier to Novartis.

The Novartis portfolio is changing. As biomedical research advances and breakthrough therapies become available, Novartis is adjusting its capacity and capabilities to a new set of requirements.

Switzerland-based Siegfried will take over responsibility for all manufacturing activities at Barberà del Vallès and El Masnou production centers and both sites remain important supply points for Novartis.

What we did

Advising and supporting the lead project managers on:

  • Project management tasks
  • Project governance
  • Due diligence coordination/support
  • Operational Carve out issues
  • Support of documentation (contract annexes and schedules)
  • Project management and team support

Yulia Pogodina, Global Project Lead Novartis: “The Capitalmind Investec team delivered a highly reliable support on project management level and has integrated perfectly into the global and local parts of the project teams. Having been involved in project management as well as operational tasks, Capitalmind Investec provided valuable input and support to the project lead.”

Target Headquarter
Date
December 2020
Parties