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Advent International and Warburg Pincus finalize acquisition of Baxter's BioPharma Solutions business, rebranding it as Simtra BioPharma Solutions; the standalone CDMO will provide end-to-end services for clients in pharmaceutical and biotech industries

Advent International acquires majority share in niche fragrance brands Parfums de Marly and INITIO Parfums Privés; founder Julien Sprecher will remain with group as Executive Chairman, Creative Director and large minority shareholder

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