By  on October 30, 2009

PARIS – Sanofi-Aventis said it would acquire Laboratoire Oenobiol, the French maker of nutritional, health and beauty supplements. Terms were not disclosed.

Founded in 1985, Oenobiol has annual revenues of 57.2 million euros, or $84.8 million at current exchange.

Eighty-five percent of its business is generated in France, with the rest stemming from countries such as Italy, Spain, Belgium, Poland and Portugal.

The deal is expected to close in the fourth quarter of this year.

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