Aceto Corporation – Files Chapter 11 Following Failure to Counter Generic Headwinds, Announces $338mn (Cash) Stalking Horse Bid of New Mountain Capital and DIP Financing

February 20, 2019 – Aceto Corporation and eight affiliated Debtors (“Aceto” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, lead case number 19-13448. The Company, an international company engaged in the development, marketing, sale and distribution of human health products, pharmaceutical ingredients and performance…