Issue Date: July 16, 2007
Dishman To Acquire Solvay Vitamin Plant
Dishman Pharmaceuticals & Chemicals has signed a letter of intent to acquire Solvay's fine chemicals, vitamin D, and vitamin D analogs business in Veenendaal, the Netherlands. Dishman says it already manufactures an active pharmaceutical ingredient for Solvay, and it converts a raw material supplied by Solvay into an intermediate for vitamin D-3. Dishman, an Indian firm, earlier acquired several European fine chemicals businesses.
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