Zentiva Set To Acquire Romania's Solacium

Zentiva has signed its first acquisition after it was carved out from Sanofi last year to become an independent company, entering into a shared purchase agreement with Siyiara to acquire Romania-based food supplement and OTC medicines producer Solacium.

Bucharest
Zentiva is set to acquire Romania-based Solacium • Source: Shutterstock

Zentiva and Siyiara Enterprises have signed a shared purchase agreement to acquire Romania’s Solacium, together with its subsidiary Be Well Pharma. Food supplement and OTC medicines producer Solacium – which is currently part of the Dr. Max Group and owned by Siyiara along with Solacium’s general manager Alexandru-Tony Trasca – says it specializes in developing partnerships with healthcare specialists that are “based on delivering innovative products”.

Nick Haggar, Zentiva’s recently-appointed CEO, said that the company was “delighted to confirm the signing of its first acquisition following...

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