Finance
Private equity firm Advent to sell generic drugmaker Zentiva to GTCR
Published by Global Banking and Finance Review
Posted on September 11, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 11, 2025
1 min readLast updated: January 21, 2026
Advent International sells Zentiva to GTCR for over €4 billion, marking a significant transaction in the pharmaceutical industry.
(Reuters) - Czech generic drugmaker Zentiva said on Thursday that private equity group Advent International had agreed to sell the company to rival GTCR for an undisclosed value.
The deal values the Prague-based company at slightly more than 4 billion euros ($4.69 billion) including debt, according to a source with knowledge of the deal.
The Financial Times had first reported the deal on Wednesday, saying it was worth 4.1 billion euros.
Zentiva was acquired by Advent from French pharmaceutical giant Sanofi in 2018 for an enterprise value of 1.9 billion euros.
There have been reports of Advent mulling a sale of the generics drugmaker since 2021, with companies such as Polish drugmaker Polpharma and India's Aurobindo Pharma reported to be joining the race.
Zentiva supplies a wide range of generic and over-the-counter drugs such as paracetamol and co-codamol to more than 100 million people across Europe.
($1 = 0.8530 euros)
(Reporting by Unnamalai L in Bengaluru and Andres Gonzalez Estebaran; Editing by Maju Samuel)
Private equity refers to investment funds that buy and restructure companies that are not publicly traded, often aiming to improve their financial performance before selling them for a profit.
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
Corporate governance practices involve the systems and processes that direct and control a company, ensuring accountability, fairness, and transparency in its relationship with stakeholders.
Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold, providing companies with access to capital for growth.
Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management.
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