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Business
Jubilant To Acquire U.S. Contract Firm
April 30, 2007
| A version of this story appeared in
Volume 85, Issue 18
India's Jubilant Organosys will spend $122 million to acquire Hollister-Stiers Laboratories, a Spokane, Wash.-based contract manufacturer of sterile injection vials and lyophilization products. Jubilant calls itself one of India's largest custom research and manufacturing providers. It says the Hollister purchase is the largest ever overseas contract manufacturing acquisition by an Indian company.
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