Emitents | Olainfarm, AS (213800WCG52W62ENOP27) |
Veids | Būtiski notikumi |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2013-06-05 09:32:52 |
Versijas komentārs | |
Teksts |
Olaine 04.06.2013
"OlainFarm" acquires controlling stake in "Silvanols"
AS "OlainFarm" has acquired 23.37% more shares in Latvian
pharmaceutical company SIA "Silvanols", therefore "OlainFarm" now
holds controlling interest in "Silvanols". Before that AS
"OlainFarm" already owned 47.51% of the company's shares.
"Acquisition of
"Silvanols" is one of the ways for "OlainFarm" to further
consolidate its positions and expand the production of medications.
We see a good opportunity to increase the speed of growth by
merging expertise, experience and export potential of the two
companies and by creating and developing joint projects," says
Salvis Lapiņš, a member of AS "OlainFarm" board.
AS "OlainFarm"
currently owns 70.88% of the company's shares, "Silvanols"
co-owner Ieva Leimane - 15.41%, Agris Auce - 10.39%, and Sandra
Ivanova - 3.31% of SIA "Silvanols" shares.
Sales of SIA „Silvanols” in 2012 were 1.993 million lats and the
company made a net profit of 136 thousand
lats.
Consolidated profit and loss statement of AS "OlainFarm" for 2012
shows that the concern has set yet another profit record as it has
made a net profit of 9.75 million lats (13.88 milion euro).
This represents an increase by 41% compared to 2011, when profit of
AS "OlainFarm" was 6.91 million lats (9.84 million
euro).
A/s OlainFarm is one of the biggest pharmaceutical companies in
Latvia with 40 years of experience in production of medication and
chemical and pharmaceutical products. A basic principle of
company's operations is to produce reliable and effective top
quality products for Latvia and the rest of the world. Products
made by the Group are being exported to more than 30 countries of
the world, including the Baltics, Russia, other CIS, Europe, Asia,
North America and Australia.
SIA "Silvanols" is one of the most rapidly growing Latvian
producers of medicines. In its operations SIA "Silvanols" uses
modern internationally applied technologies. Products portfolio of
the company consists of unique set of original products, including
over-the-counter medicines, medical devices and food supplements,
in total more than 70 different original products. Company is
particularly proud of their original products, including market
leader Faringo Spray®, anti-rhinitis gel Rinogēls® and sedative
mixture of 7 different herbs Relaxen®. Currently products of
the company are being exported to Lithuania, Estonia, Azerbaijan,
Romania, Czech Republic, Hungary, Belarus, Kazakhstan, Slovakia and
Armenia.
Information prepared by:
Salvis
Lapins
Member of the
Board
A/s
„OlainFarm”
Tel: +371 6 7013
717
e-mail:
Salvis.Lapins@OlainFarm.lv
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