Zentiva buying Romanian pharma company Solacium

13 March 2019

Zentiva Group and Siyiara Enterprises have signed a shared purchase agreement for the acquisition of Romanian based pharmaceutical company Solacium, together with its subsidiary Be Well Pharma.

Solacium is currently part of the Dr Max Group and owned by Siyiara Enterprises together with Trasca Alexandru-Tony.

Nick Haggar, chief executive of Zentiva, stated: "Zentiva is delighted to confirm the signing of its first acquisition following the carve out from Sanofi in the last quarter of 2018. Solacium complements our existing generic medicines business and grows our OTC capability offering for patients and consumers in Romania and."

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