Stada Grabs GSK Brands In EU

German Generics Giant Becomes Major Consumer Healthcare Player

Stada says it has become a "major consumer healthcare player" after signing a deal to acquire from GSK 15 brands, which generate annual sales of around €120m.

Europe
Stada has acquired 15 GSK consumer healthcare brands across Europe • Source: Shutterstock

Stada is poised to enhance its consumer healthcare portfolio in both developed and developing European markets by acquiring from GlaxoSmithKline a basket of 15 brands, mainly in the cold & flu, pain and skin-care categories. The transaction is expected to close in the second quarter of 2020.

While the value of the deal has not been disclosed, a spokesperson for Stada told Generics Bulletin sister publication HBW...

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