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Article: Advanced Medical Optics Completes Purchase of Manufacturing Facility in Madrid, Spain.
- Article from:
- Business Wire
- Article date:
- November 6, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Health/Medical Writers
SANTA ANA, Calif.--(BUSINESS WIRE)--Nov. 6, 2003
Advanced Medical Optics, Inc. (AMO) (NYSE:AVO) announced today that its Spanish subsidiary has completed the purchase of an existing manufacturing facility in Madrid, Spain, from Alcon CUSI, S.A., a subsidiary of Alcon, Inc. AMO paid approximately $22 million for the facility. AMO will use the facility to manufacture its eye care products, including its COMPLETE(R) branded product line.
"Today marks a significant milestone for AMO and its eye care business. The purchase of this facility allows us to execute on our global strategy of securing a viable ...
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