M&A Deal Summary

Recordati Acquires FIC Médical SARL

On March 7, 2008, Recordati acquired life science company FIC Médical SARL for 12M EUR

Acquisition Highlights
  • This is Recordati’s 3rd transaction in the Life Science sector.
  • This is Recordati’s 12th largest (disclosed) transaction.
  • This is Recordati’s 4th transaction in France.

M&A Deal Summary

Date 2008-03-07
Target FIC Médical SARL
Sector Life Science
Buyer(s) Recordati
Deal Type Add-on Acquisition
Deal Value 12M EUR

Target

FIC Médical SARL

Puteaux, France
FIC Médical SARL company specializes in gynecology, hormonal treatments, ENT, gastroenterology, dermatology, and para-pharmacy.

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Buyer(S) 1

Buyer

Recordati

Milan, Italy

Category Company
Founded 1926
Sector Medical Products
Employees4,450
Revenue 2.3B EUR (2024)
DESCRIPTION

Recordati is an international pharmaceutical group dedicated to the research, development, manufacturing and marketing of pharmaceuticals. Headquartered in Milan, Italy, Recordati has operations in the main European countries, in Russia, other Central and Eastern European countries, Turkey, North Africa, the United States of America, Canada, Mexico and in some South American countries. An efficient field force of medical representatives promotes a wide range of innovative pharmaceuticals, both proprietary and under license, in a number of therapeutic areas including a specialized business dedicated to treatments for rare diseases. Recordati was founded in 1926 and is based in Milan, Italy.


DEAL STATS #
Overall 5 of 17
Sector: Life Science M&A 3 of 10
Type: Add-on Acquisition M&A Deals 4 of 15
Country: France M&A 4 of 5
Year: 2008 M&A 1 of 2
Size (of disclosed) 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-28 Orphan Europe SARL

Paris La Défense, France

Orphan Europe is a European pharmaceutical group specialized in rare diseases with headquarters in Paris. Orphan Europe is a European pharmaceutical company dedicated to the development, registration, marketing and distribution of unique drugs for the treatment of rare and orphan diseases.

Buy €135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-29 Yeni Ilaç ve Hammaddeleri A.S.

Istanbul, Turkey

Yeni Ilaç ve Hammaddeleri A.S. is a Turkish pharmaceutical company with headquarters near Istanbul. Yeni Ilaç is a well known Turkish pharmaceutical company dedicated to the production, marketing and sales of both proprietary and licensed drugs. Its products are well known and the company has a leading market position in the area of urology. The company is also engaged in contract manufacturing for other pharmaceutical companies.

Buy €48M