Moroccan deal marks first foray into Africa for Grifols
Spanish drugmaker Grifols (GRF: MC), a top-three global manufacturer of plasma-derived medicines, has been selected as the main supplier for a new manufacturing plant in northern Africa.
The deal, which opens the path for the first industrial project for Grifols on the African continent, has been reached with Soludia Maghreb, a provider of hemodialysis solutions based in Morocco.
Grifols will develop, build and automate equipment for the IV solutions line, creating a modern manufacturing line that will produce intravenous solutions bags. The plant is expected to begin operations next year.
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