PCI Pharma Services signed a share transfer agreement to acquire Ajinomoto Althea, Inc. from Ajinomoto Co., Inc. (TSE:2802) for approximately $20 million on April 24, 2025. The expected completion of the transaction is May 2025, subject to general preconditions stipulated in the Agreement. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Ajinomoto Co., Inc. (TSE:2802). Karl Pires of A&O Shearman acted as legal advisor to Ajinomoto Co., Inc. (TSE:2802). Samuel Welt of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Packaging Coordinators, Inc.

PCI Pharma Services completed the acquisition of Ajinomoto Althea, Inc. from Ajinomoto Co., Inc. (TSE:2802) on May 2, 2025.