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Article: Alcon completes sale of Madrid facility to AMO
- Article from:
- Ophthalmology Times
- Article date:
- December 15, 2003
- Author:
CopyrightCopyright Advanstar Communications, Inc. Dec 15, 2003. Provided by ProQuest LLC. (Hide copyright information)
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Operations moved
Madrid, Spain-A subsidiary of Alcon Inc. has completed the sale of its contact lens care solutions manufacturing facility in Madrid to AMO Manufacturing Spain, SL, a wholly owned subsidiary of Advanced Medical Optics.
The $22 million sale by Alcon CUSI, SA, includes a pre-tax gain of about $8 million, which has been incorporated into the company's prior earnings guidance for the fourth quarter of 2003.
AMO will keep the ...