Schwabe Pharmaceuticals Acquires MH Pharma, UK
KARLSRUHE, Germany -- Dr. Willmar Schwabe GmbH & Co. KG, Karlsruhe, Germany, today announced the acquisition of MH Pharma (UK) Ltd., Marlow, UK. Schwabe Pharmaceuticals, a family owned company founded in 1866, is known as one of the worldâ€™s leading companies in the development, manufacturing and marketing of phytomedicines. With the acquisition of the privately held MH Pharma in UK, Schwabe will gain access to the UK market. Schwabe has more than 20 subsidiaries and joint ventures in European countries as well as in the US, Mexico and China. Worldwide sales reached 500 mio â‚¬ in 2007.