News

Thornton & Ross News

STADA to acquire Walmark - a leading Consumer Healthcare company in Central Europe

  • • Walmark is a manufacturer of well-established, market-leading Consumer Health brands in Central Europe


  • • Strong growth potential in existing Walmark geographies and across Europe, supported by STADA’s investment in the further commercialisation of Walmark’s products


  • • STADA CEO Peter Goldschmidt: “With the acquisition of Walmark, we are able to broaden our portfolio of branded Consumer Health products in Central Europe and further internationalise our overall business.”

Bad Vilbel, November 4, 2019 – STADA Arzneimittel AG (‘STADA’ or ‘the Group’) today announces the acquisition of Walmark a.s. (‘Walmark’ or ‘the company’) from Mid Europa Partners for an undisclosed consideration.

Walmark is a leading manufacturer of Consumer Health products in Central Europe with a unique portfolio of well-established Consumer Health brands across multiple categories. These include Vitamins and Minerals, Children’s Health, Women’s Health, Men’s Health, Joint Care, Digestive and Intestinal, and Cough and Cold and are set to generate continued strong growth. Its key brands include e.g. Biopron (gut health), Martians (children’s supplements), Urinal (urinary tract health), Proenzi (joint care), Prostenal (male health), Beliema (vaginal health) and Sinulan (respiratory health).

Established in 1990 and headquartered in the Czech Republic, Walmark has a direct presence across nine European Union countries, including the Czech Republic, Slovakia, Poland, Hungary, Bulgaria, Romania, Lithuania, Latvia and Estonia, and sells its products to more than 40 countries worldwide. It employs more than 540 people and has a strong focus on innovation. STADA will integrate Walmark’s high quality manufacturing facility in Trinec into STADA’s global production network.

“With Walmark, we are further strengthening STADA’s global branded products portfolio“, stated STADA CEO Peter Goldschmidt. “The acquisition of Walmark’s OTC portfolio is fully aligned with our strategy of being a leader in branded consumer health products and generics.“

STADA operates in diversified markets with robust growth prospects. The Group is pursuing a two-pillar strategy focused on generics, including specialty pharmaceuticals, and non-prescription consumer health products. Walmark's product portfolio is highly complementary to STADA’s existing portfolio.

Steffen Wagner, Head of European Markets at STADA, comments: “We are significantly strengthening our presence in Central Europe - especially in the Czech Republic, Slovakia, Romania, Bulgaria, and Hungary – as a result of this acquisition. We are also looking at ways in which we can market the Walmark brands outside of the current core geographies.”

News

STADA to Become a Major Pharma Player in Ukraine by Acquiring Biopharma's Pharmaceutical Prescription and Consumer Health Business

The STADA Group continues its growth trajectory in Europe. The company, announced that it is acquiring the pharmaceutical business of Biopharma, one of the key pharmaceutical producers in Ukraine.

Click for more info

Is veganism good for your health?

The Future of Your Health report indicates that nearly a third of Brits don’t think so

Click for more info

ALVOTECH AND STADA AGREE ON STRATEGIC BIOSIMILAR PARTNERSHIP

Biopharmaceutical company Alvotech and global pharmaceutical company STADA Arzneimittel AG ("STADA") today announced that they have entered into an exclusive strategic partnership for the commercialisation of seven biosimilars in all key European markets and selected markets outside Europe.

Click for more info

STADA invests $660 Million USD in Takeda's OTC portfolio in Russia/CIS to become a major player in these branded markets

STADA to acquire a portfolio of approximately 20 selected OTC and prescription pharmaceutical products in Russia, Georgia and CIS countries

Click for more info

STADA to acquire Walmark - a leading Consumer Healthcare company in Central Europe

STADA Arzneimittel AG ('STADA' or 'the Group') today announces the acquisition of Walmark a.s. ('Walmark' or 'the company') from Mid Europa Partners for an undisclosed consideration.

Click for more info

Q&A 2019 Pharmacy Show

A Q&A Session with Phoebe Buckley on the 2019 Pharmacy Show

Click for more info

STADA Health Report 2019

More than half of people in UK are optimistic about the future of health

Click for more info

Leading pharmaceutical company invests in seven-figure state-of-the-art facility

Huddersfield pharmaceutical company Thornton & Ross is expanding, with a new seven-figure state-of-the-art facility due to open at the beginning of January.

Click for more info

>> News Archive