Arab Today, arab today pierre fabre founder of pharmaceutical giant dies
Last Updated : GMT 14:14:03
Arab Today, arab today
Arab Today, arab today

Pierre Fabre, founder of pharmaceutical giant, dies

Arab Today, arab today

Arab Today, arab today Pierre Fabre, founder of pharmaceutical giant, dies

Paris - AFP

Pierre Fabre, founder of the eponymous pharmaceutical and cosmetics giant, died Saturday at his home in southwestern France, aged 87, a source close to the company said. The company which he founded in 1962 employs 10,000 people -- 6,700 in France -- and had a turnover of 1.972 billion euros last year. It has 42 overseas branches, with products available in 130 countries. French employers\' union MEDEF paid tribute to Fabre -- France\'s 43rd richest man according to financial weekly Challenges -- saying his death was \"a huge loss\". \"Pierre Fabre had a vision and an ambitious plan for his company,\" said its new president Pierre Gattaz in a statement. \"He was one of the big French decision makers, one of those who gave most to his region, to the job market and local economic development.\" Fabre, a rugby union fanatic who owned current French champions Castres, died in his hometown of Lavaur, near Toulouse.  

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Arab Today, arab today pierre fabre founder of pharmaceutical giant dies Arab Today, arab today pierre fabre founder of pharmaceutical giant dies

 



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