Stada Reveals Skin-Care Ambitions With Acquisition Of GSK Brands

Stada has snapped up a basket of OTC skin-care brands from GSK, with CEO Peter Goldschmidt telling HBW Insight that the category is a "key focus" for the Germany-based firm.

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Stada Arzneimittel AG’s “rapid expansion” strategy for its consumer health-focused Branded Products division has begun to bear fruit with the acquisition of a basket of six OTC brands from GlaxoSmithKline PLC for an undisclosed sum.

The deal – which is expected to close in August 2019 –includes five skin care brands, as well as a...

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