A PYMNTS Company

Poland: $93M pharma buyout places Penta at no. 2 spot

 |  August 9, 2013

Penta Investments group announced Thursday the acquisition of pharmacy network Mediq Apteka in Poland for more than $93 million in a deal launching Penta to the number-two spot in Poland’s pharmaceutical sector. While the buyout was completed last Wednesday night, antitrust regulators in the nation have yet to clear the transaction. According to reports, Penta currently controls about 70 pharmacies through the Dr. Max network; this latest buyout will add 300 new pharmacies to that portfolio, which Penta said would be incorporated into the Dr. Max network.

Full Content: Prague Monitor

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.