Brief: Galenica And Planzer Establish Joint Venture

Galenica AG

14/12/2023 05:51

Dec 14 (Reuters) - GALENICA AG  GALE.S :
    * AND PLANZER ESTABLISH JOINT VENTURE
    * THE NEW COMPANY, CALLED HEALTH SUPPLY LTD., AIMS TO MAKE
THE
TRANSPORTATION OF MEDICINES AND OTHER PRODUCTS TO HEALTHCARE
PROVIDERS MORE EFFICIENT AND SUSTAINABLE
    * PLANZER WILL OWN 60% OF THE SHARES IN THE NEW COMPANY AND
GALENICA 40%
    * THE JOINT VENTURE WILL HAVE AROUND 50 TO 100 EMPLOYEES
UPON
FOUNDATION
    * THE PARTIES HAVE AGREED NOT TO DISCLOSE THE KEY FINANCIAL
DATA
OF THE JOINT VENTURE

Further company coverage:  GALE.S 

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