BASF AG plans to expand its Pharma Solutions business by acquiring the Swiss fine chemicals company Orgamol S.A.
BASF AG BASF AG
German chemical and plastics manufacturing company. Founded in 1865, BASF (the full German name means “Baden Aniline and Soda Factory”) was part of the chemical cartel IG Farben from 1925 until 1945, when the latter was dissolved by the Allies. plans to expand its Pharma Pharma may be an abbreviation for: - Pharmaceutical company
- Pharmaceutical drug
- Pharmacology
- Pharmaceutical Research and Manufacturers of America (PhRMA)
- Pharma (record label)
Solutions business by acquiring
the Swiss fine chemicals company Orgamol S.A. An agreement has already
been reached with the private owners, who hold about 75% of
Orgamol's shares. Approval for the transaction is still required
from Orgamol's Swiss employees, who have a combined shareholding of
25% in the company via an employee foundation.
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