PJ Online | News: SSL sells 21 brands for £13.5m
The Pharmaceutical Journal
SSL sells 21 brands for £13.5m
SSL International has sold the rights to 21 non-prescription medicines to Thornton & Ross for £13.5m. SSL will make a loss of £22m on the deal after accounting for goodwill.
The products involved are
Manufacturing equipment at SSL factories in Guernsey and Peterlee and current stocks worth £600,000 are included in the deal. SSL said that the brands, which had sales of £8.6m last year, represented only 15 per cent of its non-prescription sales.
Citation: The Pharmaceutical Journal URI: 20006348
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