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On the Record · Amneal Pharmaceuticals

Amneal Pharmaceuticals acquisitions, on the record

The businesses Amneal Pharmaceuticals bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Saol International Limited baclofen franchise
Word for word“On December 30, 2021, we entered into an asset purchase agreement with certain entities affiliated with Saol International Limited (collectively, “Saol”), a private specialty pharmaceutical company, pursuant to which we agreed to acquire Saol’s baclofen franchise, including Lioresal®, LYVISPAH™, and a pipeline product under development (the “Saol Acquisition”).” 10-K for 2023
agreed acquisitionOn December 30, 2021—
Puniska Healthcare Pvt. Ltd.
Word for word“On November 2, 2021, we entered into a definitive agreement to acquire Puniska Healthcare Pvt. Ltd. (“Puniska”), a privately held manufacturer of parenteral and injectable drugs in India.” 10-K for 2023
agreed acquisitionOn November 2, 2021—
Kashiv Specialty Pharmaceuticals, LLC
Word for word“Kashiv Specialty Pharmaceuticals, LLC On April 2, 2021, the Company and Kashiv Biosciences, LLC (a related party, refer to Note 24. Related Party Transactions ) (“Kashiv”) closed on a transaction for Amneal to acquire a 98% controlling interest in Kashiv Specialty Pharmaceuticals, LLC (“KSP”), a subsidiary of Kashiv focused on the development of innovative drug delivery platforms, novel 505(b)(2) drugs, and complex generics.” 10-K for 2023
acquisitionOn April 2, 2021—
Saol International Limited baclofen franchise (Saol Acquisition)
Word for word“Consideration for the Saol Acquisition included approximately $84.7 million, paid at closing with cash on hand, and contingent royalty payments based on annual net sales for certain acquired assets, beginning in 2023.” 10-K for 2024
acquisition—approximately $84.7 million
subsidiary (sale of subsidiary; name not given)
Word for word“Proceeds from sale of subsidiary 11,994 — — Net cash used in investing activities ( 62,996 ) ( 69,189 ) ( 174,309 ) Cash flows from financing activities: Payments of deferred financing, refinancing costs and debt extinguishment costs ( 71 ) ( 162,415 ) ( 1,663 ) Payments of principal on debt, revolving credit facility, financing leases and other ( 188,918 ) ( 414,080 ) ( 123,272 ) Proceeds from issuance of debt — 217,732 — Borrowings on revolving credit facility 48,000 219,000 85,000 Proceeds from exercise of stock options 1,154 451 662 Employee payroll tax withholding on restricted stock unit vesting ( 7,952 ) ( 2,378 ) ( 3,571 ) Payments of deferred consideration for acquisitions - related party — — ( 44,498 ) Acquisition of redeemable non-controlling interests — — ( 1,722 ) Tax distributions to non-controlling interest ( 19,804 ) ( 70,883 ) ( 17,556 ) Repayment of related party note ( 44,200 ) — — Net cash used in financing activities ( 211,791 ) ( 212,573 ) ( 106,620 ) Effect of foreign exchange rate on cash ( 999 ) 65 ( 5,683 ) Net increase (decrease) in cash, cash equivalents, and restricted cash 19,313 63,880 ( 221,512 ) Cash, cash equivalents, and restricted cash - beginning of period 99,107 35,227 256,739 Cash, cash equivalents, and restricted cash - end of period $ 118,420 $ 99,107 $ 35,227 Cash and cash equivalents - end of period $ 110,552 $ 91,542 $ 25,976 Restricted cash - end of period 7,868 7,565 9,251 Cash, cash equivalents, and restricted cash - end of period $ 118,420 $ 99,107 $ 35,227 The accompanying notes are an integral part of these consolidated financial statements.” 10-K for 2024
divestiture——
AvKARE Inc. and Dixon-Shane, LLC d/b/a R&S Northeast LLC
Word for word“In 2020, we acquired a 65.1% controlling interest in both AvKARE Inc., a Tennessee corporation, now a limited liability company (“AvKARE, LLC”), and Dixon-Shane, LLC d/b/a R&S Northeast LLC, a Kentucky limited liability company (“R&S”).” 10-K for 2025
acquisitionIn 2020—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$0—
2017-12-31$0$0
2018-12-31$324.6 million$401.5 million
2019-12-31$0$0
2020-12-31$251.4 million$103.7 million
2021-12-31$146.5 million$70.6 million
2022-12-31$84.7 million$7.6 million
2023-12-31$0$0
2024-12-31$0—

Deal filings since 2016

Read from Amneal Pharmaceuticals’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.