20 Dec 2016 --- Hochdorf said it has made an “important step” in moving closer towards the end consumer after completing its purchase of infant nutrition companies Pharmalys Laboratories and Pharmalys Africa. Hochdorf has purchased a 51 percent stake in both companies, as well as a 49 percent stake in sister company Pharmalys Tunisia. It will subsequently up its shareholding in Pharmalys Tunisia to 51 percent.