IFLR1000

Socofar acquisition of GPF

4/9/2018
Private acquisition
Select tab

Announced

4/9/2018

Overview:

  • Grupo Socofar, a Latin America drugstore operator, has acquired a 100% stake in Corporación GPF, a pharmaceutical chain in Ecuador. 
  • Socofar is 60% owned by Femsa (Fomento Económico Mexicano).

Rani Mehta - Latin America Editor

Jurisdiction:

Ecuador

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Pharmaceuticals and life sciences

Firms:
Bustamante Fabara

Party: Corporación GPF (Target)

Lawyers: Jesús Beltrán, José Rafael Bustamante Crespo

Ferrere

Party: Grupo Socofar (Acquirer)

Related deals