Back to Newsroom

Innocoll and Gurnet Point Announcement relating to the Scheme becoming Effective

ATHLONE, Ireland, July 24, 2017 (GLOBE NEWSWIRE) — Innocoll Holdings plc (“Innocoll” or the “Company“) and Gurnet Point L.P. (acting through its general partner, Waypoint International GP LLC) (“Gurnet Point”) today announce the completion of the acquisition of Innocoll by Gurnet Point through its wholly owned subsidiary Lough Ree Technologies Limited (“Gurnet Bidco“) by means of a scheme of arrangement under Chapter 1 of Part 9 of the Irish Companies Act 2014 (the “Scheme“) which took effect today (the “Acquisition”).