BASF merges two Swiss businesses

01 July 2010 11:39  [Source: ICIS news]

LONDON (ICIS news)--BASF has merged two of its Swiss businesses, Orgamol Pharma Solutions and Fine Chemicals Switzerland, into a single company, BASF Pharma, the German chemical major said on Thursday.

BASF Pharma would be based in Evionnaz, Switzerland, and presided over by Martin Widmann, general manager of the former Fine Chemicals Switzerland and head of the BASF Pharma Ingredients & Services business unit.

"The merger reduces complexity at our site and simplifies processes," Widmann said.

"The two companies have been working closely together with success for many years," he added.

The former head of Orgamol Pharma Solutions, Folker Ruchatz, was named as the merger’s new managing director.

BASF said that the merger has not affected existing contracts with employees, suppliers and customers, and that the change would not affect staff numbers.

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By: Franco Capaldo
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