In June 2006, Merz Pharma GmbH & Co. KGaA, the German healthcare company, acquired Denfleet Pharma Ltd, the UK based pharmaceutical company, for an undisclosed consideration. Abolon initiated the transaction and acted as advisor to Merz Pharma
Merz intends to use Denfleet’s capability and strong hospital presence, especially in the CNS area, as a platform in the UK. The acquisition is in line with Merz’s strategy to expand its presence in Europe.