Dr. Willmar Schwabe Pharmaceuticals has bought the company Peithner Dr. Wiener Holding GmbH. This acquisition will enable Schwabe increase its presence in Austria and in Central and Eastern Europe (ECE).
Dr. Dirk Reischig, chairman of the board and CEO of Dr. Willmar Schwabe Pharmaceuticals, said: "We are delighted that the group of companies Peithner joins Schwabe.
Schwabe and Peithner already been working hand in hand and efficiently over 50 years, through joint arrangements-distributing natural and homeopathic medicine in Austria and CEE.