Hermes Grows In Germany With Krewel's OTC Portfolio

Hermes Arzneimittel will grow its share of Germany's OTC market by snapping up a portfolio of consumer health lines from Krewel Meuselbach.

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Germany’s Hermes Arzneimittel GmbH is poised to expand its domestic OTC business by acquiring a portfolio of 11 brands from Krewel Meuselbach GmbH for an undisclosed sum.

Scheduled to close on 1 October, the deal will see Hermes add Krewel Meuselbach’s German brands to its OTC business...

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