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Sanofi Streamlines European Portfolio With Brand Sale To Stada

 
• By Tom Gallen

Sanofi is pressing ahead with plans to divest up to 150 consumer health brands by selling a portfolio of 16 products marketed in key European countries to Germany's Stada.

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• Source: Shutterstock

Sanofi is pressing ahead with plans to dramatically reshape its Consumer Healthcare portfolio by divesting a basket of 16 brands to Germany’s Stada. The transaction is expected to close in the third quarter of 2021, subject to approval of relevant regulatory authorities and other customary closing conditions.

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