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Aspen sells global nutritional business

By: Tasneem Bulbulia     13th September 2018 Pharmaceutical manufacturer and supplier Aspen has concluded an agreement to sell its global nutritional business to French-based multinational dairy corporation Lactalis Group for a fully funded cash consideration of €739.8-million, or about R12.9-billion. The company disclosed this during a... 

Aspen mulls sale of infant formula unit

By: Reuters     11th September 2018 South African drug maker Aspen Pharmacare said on Tuesday it was in discussions to sell its global infant formula business, but did not give any further details. Aspen's infant milk formula business sells infant milk formula in the Asia-Pacific, Sub-Saharan Africa and Latin America, and has a... 

Erik Roos

13th July 2018 This week we profile Erik Roos, CEO of generic pharmaceuticals company Pharma Dynamics   

Aspen opens R1bn high containment facility in Port Elizabeth 

24th May 2018 Pharmaceutical company Aspen officially opened its new high containment facility, valued at about R1-billion, earlier this month. Simone Liedtke tells us more. 

SA pharmaceuticals group expanding its French operations

By: Rebecca Campbell     11th May 2018 South African pharmaceuticals group Aspen is planning to invest €100-million in its French manufacturing operation in the coming years. This will be in addition to the investments totalling €55-million made from 2015 to 2017. Aspen has two operations in France – a manufacturing site at... 

Aspen posts good interim results, despite headwinds

By: Megan van Wyngaardt     9th March 2017 Pharmaceutical company Aspen expects to report an overall stronger underlying performance in the second half of the current financial year, after a tough six months to December 31. During the six months under review, normalised headline earnings a share increased by 6% to 692c. 

South Africans need to become industrial activists

By: Kim Cloete     6th November 2015 Rally behind industrialisation and become industrial activists. That’s the message from Stavros Nicolaou of Aspen Pharmacare, who says it is critical for South Africa to boost its manufacturing capacity. “Industrialisation has to be at the core of economic policy. Unless we grow our economy at... 

Business Council to be launched at Brics Summit 

By: Idéle Esterhuizen     6th March 2013 Members of the Brazil, Russia, India, China and South Africa (Brics) group of countries will launch the Brics Business Council at the fifth Brics Summit, in Durban, from March 26 to 27. Each Brics country is to nominate five business leaders that would make up the business council. 

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