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Pliva acquires Degussa's AWD.pharma

Executive Summary

In an effort to restructure its Asta Medica AG division (after talks to sell the unit off failed), Degussa AG is selling Asta's private AWD.pharma division (formerly Arzneimittelwerk Dresden GMBH; mostly cardiovascular and neurological pharmaceuticals) located in Dresden, Germany to Croatian pharmaceutical company Pliva (trades on LSE).

Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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