MAIN NAVIGATION ABOUT ICE GROUP PRODUCTS ICE GROUP WORLDWIDE CONTACT US NEWS ICE acquires Mitsubishi APIC’s Iwaki UDCA Plant ICE Group, a global niche active pharmaceutical ingredient (“API”) and specialty ingredients company, is proud to announce its agreement on the definitive terms to acquire the Iwaki Ursodeoxycholic Acid (“UDCA”) manufacturing site from Mitsubishi API Corporation. The Iwaki plant is a high-quality, high-purity UDCA producer, with a long heritage of stable supply to Mitsubishi Tanabe Pharma Corporation and other pharma clients worldwide. ICE’s global leadership in bile acid products and UDCA API has made the group a natural buyer and trusted partner for Mitsubishi. Under the new ownership, and taking advantage from ICE’s vertical integration, the Japanese plant will benefit of highly efficient and effective operations that will facilitate continued and improved delivery of best-in-class UDCA API to the global customer base. Agostino Barazza, Chief Executive Officer of ICE Group, said : “We place great value on the stringent product quality standards for UDCA API demanded by our customers. The acquisition of the Iwaki plant is a unique occasion to provide our customers with further capacity and to strengthen ICE’s position as the pre-eminent bile acids player globally”. The transaction is expected to close in May, 2022. In the coming months, ICE will operate to build even more solid and strategic business partnerships in Japan, granting a functional continuity for customers, traditional suppliers, partners and employees. Company with sole shareholder ICE S.p.A. Via Sicilia, 8/10 - 42122 Reggio Emilia - ITALY Tel. 00 39 0522 551250 Fax 00 39 0522 558963 E-mail: info@iceitaly.com USEFUL INFORMATION Cookies Web Privacy Terms and Conditions of Sale CERTIFICATES V.A.T. IT01227810353 | Total share capital €120.000,00 | REA number: RE – 169836 | Copyright 2020 - All rights reserved Notice This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. If you want to know more or withdraw your consent to all or some of the cookies, please click on the "More info" button.By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to the use of cookies. More Info Functional Analytics Save preferences Accept all cookies Withdraw consent