Kent-Athlone Pharma Group has completed the sale of Athlone Laboratories Limited to Gaelic Laboratories. Athlone Laboratories, based in Ballymurray, Co. Roscommon, manufactures essential oral antibiotics, including amoxicillin, flucloxacillin and penicillin products.
The divestment supports Kent-Athlone’s strategy to focus on developing and commercialising Value-Added Medicines as an asset-light European specialty pharmaceutical company. Gaelic Laboratories will invest in the site, expand production and employment, and strengthen Europe-based antibiotic supply.
Kent-Athlone will continue marketing products manufactured by Athlone Laboratories, primarily in the UK and Ireland, under a long-term manufacturing and supply partnership. Athlone Pharmaceuticals remains part of Kent-Athlone Pharma Group and is unaffected by the transaction.
