Announced
Financials
Sources
Tags
Majority
Friendly
healthcare
Single Bidder
Cross Border
Pending
Medical Supplies
Health Care Facilities
Acquisition
Private
United Kingdom
Synopsis
STADA, a company that specializes at pharmaceuticals and non-prescription consumer health products, to acquire 15 GSK brands. Financial terms are not disclosed. The transaction represents 15 brands including Venoruton, for venous treatment, Coldrex cold remedy, Cetebe vitamin C supplements, Mebucaine sore throat range and Tavegyl allergy brand. These five brands account for just over half of the acquired brands’ combined turnover.
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