Sanochemia´s Purchase of Alvetra & Werfft Completed

Business › n.a. ♦ Published: September 21, 2011; 13:05 ♦ (Vindobona)

The Austrian pharmaceutical group acquires the former subsidiary again for € 5.2m.

Sanochemia´s Purchase of Alvetra & Werfft Completed / Picture: © Vindobona.org

The Vienna-based Sanochemia Pharmaceuticals purchased Alvatra & Werft, including its subsidiaries in Germany, Slovakia, the Czech Republic and Hungary. The acquisition was effected by September 19 2011. After the positive due diligence check and the affirmation of the supervisory board, the acquisition has been backdated by January 1 2011.

The acquisition price was € 5.2m.…

or Log In

Fast News Search
Related News
Sanochemia Confirms the Turnaround and Returns to Profitability (May 13, 2011)
Sanochemia: Capital Increase Disappointing (April 18, 2011)
Sanochemia: Strong Increase in EBIT (February 17, 2011)
Sanochemia Stays in the Red (January 27, 2011)
Sanochemia Takes Over Alvetra & Werfft (January 24, 2011)
Read More
Sanochemia, Alvetra & Werfft, Pharmaceutical Industry, Health Policy, M & A
Featured
Coronavirus in Austria: Update
Coronavirus Situation at the Vienna International Centre (VIC): Live-Ticker - New COVID-19 Case at the IAEA
See latest Vindobona Newsletter