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Alapis divests non-core businesses and changes name

 
• By Maria Bailey

The rapidly developing Greek company Alapis has changed its name in line with its divestment of non-core businesses including animal health, cosmetics and liquid detergents, and medical devices. The company wants to focus on manufacturing, marketing and distribution of pharmaceutical products.

The rapidly developing Greek company Alapis has changed its name in line with its divestment of non-core businesses including animal health, cosmetics and liquid detergents, and medical devices. The company wants to focus on manufacturing, marketing and distribution of pharmaceutical products.

The transaction comprises the sale of Alapis's eight subsidiaries – Gerolymatos Prestige; Gerolymatos Cosmetics; Beautyworks; Provet; Gerolymatos Animal Health; Alapis...

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