Jul 17, 2014 UncategorizedComments Off on Hopp Acquires LTS Shares From Novartis & BWK
ANDERNACH, Germany, July 17, 2014 /PRNewswire/ —
– LTS: market leader in transdermal patches completely acquired by dievini Hopp
The supervisory board (“Aufsichtsrat”) and management board (“Vorstand”) of LTS have concluded the assessment of strategic options for the future development of the LTS group. LTS developed innovative, value oriented growth strategies identifying also the prerequisites for the successful strategy implementation. Meanwhile, LTS’s major shareholders evaluated possible changes in ownership.
Upon the conclusion of the assessment the three main shareholders have agreed a transaction amongst themselves.
The dievini Hopp Biotech Holding GmbH & Co KG Walldorf/Germany,