M&A Deal Summary

Fagron Acquires CEDROSA

On May 13, 2019, Fagron acquired chemicals company CEDROSA for 463M MXN

Acquisition Highlights
  • This is Fagron’s 1st transaction in the Chemicals sector.
  • This is Fagron’s 2nd largest (disclosed) transaction.
  • This is Fagron’s 1st transaction in Mexico.

M&A Deal Summary

Date 2019-05-13
Target CEDROSA
Sector Chemicals
Buyer(s) Fagron
Deal Type Add-on Acquisition
Deal Value 463M MXN

Target

CEDROSA

Naucalpan de Juárez, Mexico
Central de Drogas, S.A. de C.V. is a supplier of raw materials (essentials) to compounding pharmacies and the pharmaceutical industry. The company was formed in 1944 and is based in Naucalpan, Mexico.

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Buyer(S) 1

Buyer

Fagron

Nazareth, Belgium

Category Company
Founded 1990
Sector Medical Products
Employees3,282
Revenue 872M EUR (2024)
DESCRIPTION

Fagron is a provider of pharmaceutical raw materials, compounded products, repacked goods, packaging materials and pharmacy equipment. Fagron was founded in 1990 and is based in Nazareth, Belgium.


DEAL STATS #
Overall 10 of 16
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 14
Country: Mexico M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 Corilus

Gent, Belgium

Corilus provides integrated healthcare software and IT solutions for various medical and paramedical professionals including general practitioners, dentists, elderly homes, physiotherapists, nurses, pharmacies, etc. Coriluss software solutions aim to facilitate increased efficiency in the day-to-day administrative and clinical operations and collaboration across stakeholders (e.g. caretakers, hospitals). Corilus is based in Gent, Belgium.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-02 Letco Med

Wayne, Pennsylvania, United States

Letco Med provides turnkey solutions for pharmacies worldwide, specializing in respiratory and compounded, customized medications, as well as technology-driven diagnostics. Letco Med offers a suite of pharmacy operations consulting, compounding chemicals, equipment and supplies, pre-mix medications, and industrial facilities equipment. Letco Med is based in Wayne, Pennsylvania.

Buy $34M