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Evonik Industries AG Rellinghauser Straße 1-11 45128 Essen, Germany http://www.evonik.com
Contact Ms Mareike Biller +49 201 1773002
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Evonik Industries AG

Acquisition of Tippecanoe Laboratories in USA completed

(PresseBox) (Essen, )
Evonik Industries AG has completed the purchase of the Tippecanoe Laboratories manufacturing facility in Lafayette (Indiana, USA) from Eli Lilly and Company, Indianapolis (USA). The deal was closed on January 1, 2010. It was agreed not to disclose details of the purchase price.

The site has a workforce of some 650 and produces active ingredients and intermediates for the pharmaceuticals industry.
The deal includes a longterm partnership with Lilly for the production of active ingredients and a multiyear supply agreement for active ingredients and intermediates for pharmaceuticals. The site will be fully integrated into Evonik's global production and marketing network.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.