Engineering News

Solvay sells U.S. unit to ANI Pharmaceuticals
Mon May 7, 2007 12:14pm ET

BRUSSELS, May 7 (Reuters) - Belgian drugs, chemicals and plastics maker Solvay said on Monday it had sold a U.S. manufacturing and packaging unit in Baudette, Minnesota to ANI Pharmaceuticals for an undislosed sum.

"ANI will serve as a contract manufacturer to Solvay Pharmaceuticals for its products currently manufactured and packaged in Baudette," Solvay said in a statement.

Source: Reuters

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