Vetter Prepares for Further Growth
Vetter has announced a triple-digit million euro syndicated loan has been arranged with a consortium of renowned banks.
Vetter, a leading contract development and manufacturing organization (CDMO), has announced that a triple-digit million euro syndicated loan has been arranged with a consortium of renowned banks led by Deutsche Bank AG, the Landesbank Baden-Württemberg, and Commerzbank AG at the end of march.
The five-year credit facility will secure Vetter’s plans for additional investments in its facilities and production capacities.
Over the past several years, Vetter has seen constant growth in customer demand, resulting in the need for expanded production capacity. In response, Vetter created its new production site Ravensburg Vetter South and the company’s clinical development site in Chicago, Vetter’s first U.S. facility. This growth has also l
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