KG as part of its ongoing growth strategy. The contract was signed by the two companies last week. The purchase price will remain confidential. The acquisition is conditional on the approval of the relevant competition authorities and is likely to become legally binding at the end of 2012.
Euro Vital Pharma, which is based in Hamburg, is a pharmaceutical company with many years’ experience of developing, manufacturing and marketing health products for private-label and brands.
With more than 30 medicines approved for the German market, together with dietary supplements and cosmetic products, which consist primarily of salves, gels, syrups and nasal sprays, the company’s range ideally complements Aenova’s existing portfolio of licensed products.
Source: Aenova
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