Noerr advises Uriach on acquisition of Sidroga Group

Noerr has advised the Spanish family-run pharmaceutical company Uriach on its acquisition of the Sidroga Group in a bidding process. The seller is Santo Holding, owned by the Strüngmann brothers.

The Sidroga Group, headquartered in Bad Ems, Germany, produces medicinal teas and, under licence, the “Emser” products, and sells these products primarily in Germany, Austria and Switzerland via pharmacies, drug stores and food retailers. With this acquisition the Uriach Group, which has to date focused its business activities on southern Europe, expands its market presence into further European countries.

Advisors to Uriach: Noerr

Michael Brellochs, Tobias Bürgers, Georg Langheld (all Corporate/M&A, Munich, joint lead); Peter Bachmann (Regulatory & Governmental Affairs, Munich); Felix Muhl (Commercial, Hamburg); Christoph Rieken (Intellectual Property, Munich); Evelyn Schulz (Healthcare, Dresden)

Michaela Athmer (Commercial, Hamburg); Julia Hecht (Corporate/M&A, Munich); Susann Jahn (Healthcare, Dresden); Nicole Kaps (Corporate/M&A, Munich); Franziska Nebollieff (Corporate/M&A, Munich); Joachim Rung (Regulatory & Governmental Affairs, Munich); Florian Schmitt (Digital Business, Munich); Jasmin Schulzweida (Commercial, Hamburg)

Local Counsel (Switzerland): Niederer Kraft Frey (Zurich)

Thomas Brönnimann, Alessandro Stanchieri (both Corporate/M&A); Janine Reudt-Demont (Healthcare)