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In Brief: Schwarz Pharma Kremers Urban

This article was originally published in The Tan Sheet

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Executive Summary

Schwarz Pharma Kremers Urban: Completes $294 mil. acquisition of Central Pharmaceuticals and former Block Drug subsidiary Reed & Carnrick on June 28 and June 30, respectively. The Milwaukee-based subsidiary of Germany's Schwarz Pharma AG is adding 52 former sales staff and personnel from R&C's 100-member sales team. Central Pharmaceuticals, which makes OTC and Rx drugs as well as vitamins ("The Tan Sheet" June 12, p. 13), will continue to be managed as an independent division of Schwarz Pharma USA Holdings...

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