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- W77121081 abstract "BASF has agreed to acquire the Swiss fine and custom chemical manufacturer Orgamol. The move will place the German firm among the top 10 providers of pharmaceutical contract manufacturing services worldwide, according to Martin Laudenbach, head of fine chemicals at BASF. BASF has signed a deal with the private owners of Orgamol, who represent about 75% of the shares in the Swiss firm. BASF has scheduled a meeting with employees, who hold the remaining shares, to vote on the offer later this month. Financial details were not disclosed. With 2004 sales of about $120 million, Orgamol specializes in phosgene and sodium azide chemistry at plants in Evionnaz, Switzerland, and Saint-Vulbas, France. Despite the retreat of diversified companies such as Eastman Chemical and Great Lakes Chemical from the sector, BASF views pharmaceutical custom manufacturing as a market with growth opportunity, according to Thomas Moller, the firm's manager of corporate media relations. ..." @default.
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- W77121081 date "2005-06-20" @default.
- W77121081 modified "2023-09-24" @default.
- W77121081 title "BASF To Acquire Switzerland's Orgamol" @default.
- W77121081 doi "https://doi.org/10.1021/cen-v083n025.p015a" @default.
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