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Czech-based Penta Investments, interested in buying the biggest pharma group in Romania

Czech group Penta Investments is in advanced talks with the shareholders of A & D Pharma, the largest pharma group in Romania, sources on the market said, zf.ro informs. The negotiations are focused on selling the distribution and retail businesses.

A&D Pharma owns the Mediplus drug store and the Sensiblu drugstores chain.

”The due diligence process of the company owned by Lebanese citizens started a month ago, would come to an end very soon,” the sources said.

If the negotiations would materialize, it would be about a transaction of EUR 300-400 million.

The Czechs investors have previously negotiated a takeover of A & D Pharma more than five years ago, but then the deal fell.

 

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