Industry: Pharmaceuticals & Medical
Number of employees: 150
A great opportunity to acquire a pharmaceutical company in Greece, with a strong distribution network and manufacturing facilities.
The company was founded by people with many years of experience in the pharmaceutical industry. They are now in the Top 10 among Greek Pharmaceutical Companies with a very high growth percentage during the last years of Greek economic crisis.
The combined Turnover of the group is c.42M Euro.
They own 2 high-end production facilities which produce medicines and OTC products for their companies and their pharmaceutical clients. They are also contract manufacturers.
They produce Rx products. They have Antibiotics and treatments for diabetes, hypertension, cardiovascular and gastro. They also produce OTC products like ointments, sun protection creams and nutrition products.
Their portfolio involves a large range of products that are sold on the Greek market, and also exported to several countries abroad.
They are constantly developing new products to be and have several products finalised, awaiting approval.
Reason for Sale: Portfolio consolidation