Teva Pharmaceutical Industries Ltd. has acquired two Italiancompanies, a producer of pharmaceutical chemicals and amarketer of chemicals to the pharmaceutical and chemicalindustries.
Teva (NASDAQ:TEVIY), an Israeli pharmaceutical companybased in Jerusalem, said it paid approximately $7.7 million forthe two companies, whose combined 1991 sales were $12million.
The company said the acquisitions will enable it to increase itscustomer base in Europe and the United States. It already hasmanufacturing facilities in Israel, Europe and the United States.
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