Solvay to restructure UK operations

Southampton-based Solvay Healthcare has said that it is in the process of restructuring the company after its purchase of Fournier Pharmaceuticals in July.

The firm said in a statement that the company’s “product priorities” had changed following the merger, and that the firm had restructured as a result, leaving 30 people in the UK jobless.

“We are convinced that we will be creating the best possible size, shape and mix of organisation to optimise our product portfolio going forward” said chief executive Dr John Peter.

“Fortunately we were able to offer generous severance terms and the response to a voluntary redundancy offer was good,” he added.

Solvay Healthcare made sales of ?40 million during 2004, and is part of the global Solvay Group.

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