Home » SANOFI-AVENTIS SELLS ITS INTERESTS IN WACKER-CHEMIE
SANOFI-AVENTIS SELLS ITS INTERESTS IN WACKER-CHEMIE
August 9, 2005
Hoechst AG, a subsidiary of sanofi-aventis, and the Wacker family agreed on the restructuring of the ownership of Wacker-Chemie GmbH. All of Hoechst's remaining interests in Wacker-Chemie GmbH were sold to an affiliate of the Wacker family, giving the Wacker family 100% control of the company. This sale brings to an end a partnership of 84 years between Hoechst AG and the Wacker family, originating from the first years of Wacker-Chemie GmbH.
Läkemedelsindustriföreningen (http://www.lif.se/media/Pressmeddelande_LM/2005/Sanofi-aventis/sanofi_05_08_08.asp)
KEYWORDS Daily International Pharma Alert
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