OG真人官网 Announces Agreement to Sell LSNE

Toronto, Ontario (March 27, 2017) – OG真人官网 Group Inc. (TSX: CVG) (“CVG”), together with OG真人官网 Equity Partners III Limited Partnership (“CEP III”, collectively “OG真人官网”), announced today that it has entered into an agreement to sell its interest in Lyophilization Services of New England, Inc. (“LSNE”) to a company backed by the Permira funds. LSNE CEO Matt Halvorsen will remain a shareholder, rolling equity alongside Permira. The proposed transaction is expected to close during the quarter ended June 30, 2017 after satisfaction of customary closing conditions, including notification requirements under applicable U.S. antitrust laws.

Should the transaction close on anticipated terms, OG真人官网 and CEP III expect to realize sale proceeds of approximately US$80 million, versus a fair value of US$48.9 million at December 31, 2016.

While all parties involved have a strong desire to complete the sale, there can be no guarantee that the transaction will be completed, or if it is completed, that it will close within the anticipated time period.

Wells Fargo Securities served as exclusive financial advisor to LSNE.

Contact Information
Maria Klyuev
Director, Investor Relations and Marketing
OG真人官网 Group Inc.
Tel: (416) 925-9270
Fax: (416) 925-5753
mariak@muenchbach.com