MRO Magazine

MEDA: Divestment of Manufacturing Unit Euromed in Spain Completed


December 30, 2015
By Business Wire News

GÖTEBORG, Sweden

Regulatory News:

Meda AB (STO:MEDAA) (Pink Sheets:MDABY)

On December 1st, 2015, Meda announced the divestment of the manufacturing unit Euromed in Spain. The divestment has now been completed. The total consideration is EUR 82 million in upfront cash for the shares of Euromed. The unit generates sales of around EUR 40 million and an EBITDA margin of around 20% on an annual basis.

MEDA AB (publ) is a leading international specialty pharma company. Meda’s products are sold in more than 150 countries worldwide and the company is represented by its own organizations in over 60 countries. The Meda share is listed under Large Cap on Nasdaq Stockholm. Find out more, visit www.meda.se.

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MEDA AB
Paula Treutiger
VP Corporate Communications & Sustainability
ph: +46 733-666 599
paula.treutiger@meda.se