Siegfried Group acquires Valverde
Siegfried will integrate the new product line into the Sidroga Division. Sidroga distributes natural medicinal and health products, primarily medicinal and wellness teas, in the Austrian, German and Swiss markets.
The acquisition contains the trademark Valverde and the corresponding product rights, however no personnel or facilities are included. The Siegfried Group sees therefore synergies in the areas of administration and distribution.
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