Stada Plots Eastern European Expansion With Walmark Deal

Stada is set to snap up Czech Republic-based Walmark in its second major deal this year as it looks to make good on its promise to rapidly expand its OTC-focused Branded Products business. 

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Germany’s Stada Arzneimittel AG is poised to substantially bolster its OTC portfolio in Central and Eastern Europe (CEE) and gain a foothold for further expansion across the region with the acquisition of Czech Republic-based Walmark a.s.

OTC and generics specialist Stada has agreed to purchase Walmark from its private-equity owner Mid Europa Partners for an undisclosed...

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