Last update: 07.07.2024 02:02 (GMT+3)

SAN: Acquisition of company "Hoechst-Biotika" in Slovakia

30.05.2005, Sanitas, VLN
SANITAS AB		STOCK EXCHANGE RELEASE		30.05.2005

Acquisition of company "Hoechst-Biotika" in Slovakia

On 27 May, 2005, AB "Sanitas" signed an agreement entitling
them to acquire a 100% stake in the Slovak pharmaceutical
company "Hoechst-Biotika". "Hoechst-Biotika" is one of Europe's
most technologically advanced producers of medical products, with
an output capacity greater than that of AB "Sanitas". The maximum
annual production capacity for the newly-acquired factory is 38.5 mln.
injection ampoules, 500 mln. tablets and 122 tonnes of ointment.
The controlling stake in the factory will be acquired from "Aventis",
a globally renowned pharmaceutical company. The total transaction size
will amount to EUR 12.7 mln.

Head of the Legal and general issues department
Ruta Milkuviene
(37) 20 06 62


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