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The acquired business produces active pharmaceutical ingredients and intermediate products
May 11, 2015
By: Tim Wright
Editor-in-Chief, Contract Pharma
The Swiss-based Siegfried Group signed an agreement with the German company BASF with the aim of acquiring significant segments of BASF’s pharmaceutical supply business and connected chemical-pharmaceutical production units in Germany, France and Switzerland. Siegfried expects the transaction to be concluded in fall 2015 subject to the necessary consultation procedure in France and approval by the antitrust authorities. The three sites with over 800 employees reported total sales for 2014 of app...
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