STADA

Press Releases

Press Releases

STADA: Purchase of a generics business in Switzerland successfully concluded

Bad Vilbel, January 31, 2012 – Today, on January 31, 2012, STADA Arzneimittel AG successfully concluded the purchase of a generics business in Switzerland from the shareholders of Spirig Pharma AG (see ad hoc release of May 19, 2011 on the beginning of contract negotiations as well as the ad hoc update of November 9, 2011 on the signing of the contract, each published via DGAP).

Sales will be consolidated retroactively in the STADA Group as of January 1, 2012.

The purchase price for this generics business totals approx. CHF 97 million (applying the exchange rate from the date the ad hoc update on the signing of the contract was published, approx. EUR 78 million) and also includes the right to continue marketing acquired products under the Spirig umbrella brand. The acquired portfolio includes 56 prescription (RX) and 15 non-prescription (OTC) and discretionary prescription (OTX) products. With regard to the acquired products, STADA estimates the current annual sales volume to be approx. CHF 42 million (applying the exchange rate from the date the ad hoc update on the signing of the contract was published, approx. EUR 34 million) and EBIDTA, adjusted to the business structure being spun off, to be approx. CHF 9.5 million (applying the exchange rate from the date the ad hoc update on the signing of the contract was published, approx. EUR 7.7 million). The acquisition does not include any production facilities.

For more information, please contact:

STADA Arzneimittel AG
Corporate Communications
D-61118 Bad Vilbel
Tel.: +49 6101 603-113
Fax: +49 6101 603-506
e-mail: communications(at)stada.de

Career at STADA

Career at STADA

STADA's employees, with their extensive expertise, their experience and their strong commitment, play an important part in the longstanding success of the Group.

Learn more

Investor Relations

Investor Relations

Here you can find all the facts and background information about the STADA securities.

Learn more

Sustainability

Sustainability

For STADA "All the best" means taking responsibility.

Learn more

entdecken