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Strategic merge of LOBELIN SA & PHARMACARE SA subsidiary companies

1 JANUARY 2003
PRESS RELEASE

LOBELIN SA first entered the market of the nutritional supplements and vitamins in Greece in 1981, after 21 years continues its successful, upward trend at the health & care products’ field after 21 years and it is merging with PHARMACARE SA, amplifying the existing product portfolio with well-known and successful Korff, ClearBlue, Manicare & Filovit brands.

Dynamically entering the year of 2003 under the new company LOBELIN-PHARMACARE SA and possessing the leading place at the OTC category products, the merging company will play a significant role to the development of the current Greek pharmacy.

This merge is expected to create important synergies and future opportunities
for further improvement.   


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