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LTS expands its CDMO capabilities with the acquisition of Renaissance Lakewood
Renaissance Lakewood, with 500 employees, will join LTS’s global network to enhance drug delivery innovation and expand pharmaceutical service offerings.
- LTS announced the acquisition of Renaissance Lakewood, LLC, a U.S. CDMO specializing in nasal sprays and sterile dosage forms, marking a strategic expansion, the company said.
- As part of its strategy to expand CDMO capabilities, LTS said integrating Renaissance will better position the company to serve pharmaceutical and biotech partners across more therapeutic modalities.
- With roughly 500 employees, Renaissance Lakewood specializes in nasal sprays and fill-finish vials; `Serge Maltais, President & CEO of Renaissance added, "I am incredibly proud of what we have built at Renaissance... We are excited to begin this new chapter and look forward to achieving success together."`
- With regulatory clearance pending, the transaction is not yet finalized, terms were not disclosed, and Sidley Austin LLP served as exclusive legal advisor to Renaissance and RoundTable.
- Renaissance's facilities will become part of LTS's global network, including sites in Andernach, Germany; West Caldwell, NJ; St. Paul, MN; and Netanya, Israel, while RoundTable Healthcare Partners has raised $4.25 billion in committed capital.
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RoundTable Healthcare Partners Announces Sale of Renaissance Lakewood, LLC
LAKE FOREST, Ill., Oct. 13, 2025 /PRNewswire/ -- RoundTable Healthcare Partners ("RoundTable"), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that its portfolio company Renaissance Lakewood ("Renaissance") has entered into a definitive agreement to be…
·Parsons, United States
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LTS expands its CDMO capabilities with the acquisition of Renaissance Lakewood
ANDERNACH, Germany, Oct. 13, 2025 /PRNewswire/ -- LTS LOHMANN Therapie-Systeme AG ("LTS"), a leading pharmaceutical technology company today announces the acquisition of Renaissance Lakewood, LLC ("Renaissance"), a US-based contract development and manufacturing organization (CDMO) specializing in nasal sprays and sterile…
·Madison, United States
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