When you start a business, you likely envision that business growing. In some cases, mergers and acquisitions are the best ways for a business to grow. Maryland residents might like to know about the recent acquisitions by Valeant Pharmaceuticals International.
Valeant Pharmaceuticals has completed two Business acquisitions. Following the acquisition of Bausch & Lomb and Solta Medical, the company is expected to relocate in the first quarter of 2014. It has recently leased 310,000 square feet of space at the Somerset Corporate Center IV, which offers energy-efficient spaces with optimal indoor air quality. The company plans to use the environmentally-responsible space at its United States headquarters.
Employees of the pharmaceutical company will share communal spaces with employees from other large companies. Cognizant Technologies, Allergan Pharmaceuticals, Qualcomm, Aptalis and Merrill Lynch all have spaces in the complex. These companies will share a 15-acre central park area that boasts seating areas, walking paths and private gardens.
On top of the communal spaces, the employees of Valeant will also enjoy a host of private benefits. The building has a fitness center, a full-service corporate cafeteria and a 225-seat conference center that offers stadium-style seating.
Making sure that your assets are protected during Business acquisitions is a vital component of successfully completing the deal. You also have to take into account the new workforce, as well as the space you will need to accommodate your now-larger company. When you are making deals for acquisitions and mergers, obtaining the advice of an experienced Maryland business and commercial law professional can help you ensure you have everything covered to make the deal successful.
Source: Commercial Observer, "Valeant Pharmaceuticals Inks 310,000 SF New Jersey Lease Following Major Acquisitions" Al Barbarino, Dec. 26, 2013