Accord Healthcare, part of Intas Pharmaceuticals, has announced it has completed a deal to acquire Actavis UK & Actavis Ireland from Teva Pharmaceutical Industries.

Activis UK’s Barnstaple plant will become one of Accord’s four UK sites, ensuring the company has one of the most extensive local supply chains to service pharmacies, clinicians, hospitals and wholesalers across UK and Ireland, and into Europe. 

Commenting on the acquisition, James Burt, executive vice president Europe for Accord said: “Under the banner ‘Growing Together’, we are excited to be starting on a journey with Actavis to work towards our vision of having a fully integrated, comprehensive offering of affordable medicines and ensuring patient access to effective healthcare across Europe.”