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Ascendis notes growth through acquisitions, will remain acquisitive

By: Megan van Wyngaardt     8th March 2017 Health and care brands group Ascendis Health increased its revenue by 66% to R3.1-billion in the half year to December 31, as the business significantly increased international sales following two major acquisitions in Europe. This included the acquisitions of Cyprus-based pharmaceutical... 

Ascendis To Acquire Cipla Veterinary Business For R375 Million

     7th March 2017 Ascendis Health, the high growth health and care brands group, is to purchase the southern African veterinary operations of Cipla India for R375 million. Cipla Vet (companion animals) and Cipla Agrimed (commercial animals) sell a range of high quality animal medicines. The business was... 

Ascendis buys Cipla’s Southern African veterinary operations for R375m

By: Anine Kilian     6th March 2017 Health and care brands group Ascendis Health, will acquire the Southern African veterinary operations of Cipla India for R375-million. The purchase price includes a deferred payment of R50-million over 15 months. The acquisition will take effect in April. 

CompComm approves Ascendis acquisition

By: Anine Kilian     13th April 2016 The Competition Commission has approved JSE-listed health and care brands group Ascendis Health’s application to acquire 100% of pharmaceutical business Akacia Healthcare for R345-million. The transaction, which included Akacia’s 23 000m² manufacturing facility in Isando, Johannesburg, valued at... 

Ascendis Health Profits Up 66% As Offshore Expansion Gains Momentum

     9th March 2016 Integrated health and care brands group, Ascendis Health, delivered continued strong profit growth of 66% to R147 million in the six months to December 2015. Headline earnings for the half year grew by 48% to R131 million, with headline earnings per share up 37% to 49 cents. An interim dividend... 

Ascendis acquires Akacia Healthcare in R345m deal

By: Megan van Wyngaardt     19th November 2015 JSE-listed health and care brands group Ascendis Health has inked a R345-million deal to acquire 100% of Akacia Healthcare’s pharmaceutical business, subject to regulatory and competition approvals.   Akacia manufactured and distributed branded generic prescription, over-the-counter and... 

Ascendis makes international foray with Spanish acquisition

By: Sashnee Moodley     21st August 2015 Health and care brands group Ascendis Health last week announced its first international acquisition – an initial 49% stake in Spanish pharmaceutical group Farmalider for R210-million. 

Ascendis makes first international acquisition with buy-out of Spanish group

By: Sashnee Moodley     3rd August 2015 Health and care brands group Ascendis Health on Monday announced its first international acquisition – an initial 49% stake in Spanish pharmaceutical group Farmalider for R210-million. 

Ascendis mulls further acquisitive growth opportunities

By: Sashnee Moodley     27th March 2015 Health and care brands group Ascendis Health reported a 101% year-on-year rise in revenue to R1.3-billion for the six months ended December 31. 

Ascendis reports revenue growth of 101%

By: Sashnee Moodley     12th March 2015 Health and care brands group Ascendis Health on Thursday reported a 101% year-on-year rise in revenue to R1.3-billion for the six months ended December 31. 

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