M&A Deal Summary

ICC International Cannabis Acquires Grupo Pharma Colombiano

On June 13, 2019, ICC International Cannabis acquired business services company Grupo Pharma Colombiano

Acquisition Highlights
  • This is ICC International Cannabis’ 2nd transaction in the Business Services sector.
  • This is ICC International Cannabis’ 2nd transaction in Colombia.

M&A Deal Summary

Date 2019-06-13
Target Grupo Pharma Colombiano
Sector Business Services
Buyer(s) ICC International Cannabis
Deal Type Add-on Acquisition

Target

Grupo Pharma Colombiano

El Poblado, Colombia
Grupo Pharma Colombiano, Inc. is a provider of Equipment, Facilities, and Services for Pharmaceutical, Cosmetic, Chemical, Veterinary, and Food Industry. Grupo Pharma products and services are executed taking care of the needs of customers obeying the current norms and the most rigid quality standards.

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Buyer(S) 1

Buyer

ICC International Cannabis

Vancouver, British Columbia, Canada

Category Company
Founded 2006
Sector Life Science
DESCRIPTION

ICC International Cannabis is a pharmaceutical distribution, wholesale importation, and research and development, as well as licences to cultivate, produce, distribute, store and export cannabis, cannabis derivatives and industrial hemp in Colombia, Denmark, Poland, Greece, Portugal, South Africa and the Kingdom of Lesotho. ICC International Cannabis was founded in 2006 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Colombia M&A 2 of 2
Year: 2019 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 Farma Swiss S.A.S.

Medellin, Colombia

Farma Swiss S.A.S. operates a licensed pharmacy strategically situated within a high traffic, commercial neighborhood of Medellin, Colombia. Farma Swiss' fully licensed brick and mortar pharmacy operation is equipped with the following ancillary, value-added services: Inbound prescription call center, augmented by advanced supply chain and CRM software suites, Domestic delivery service, providing local clientele with a vast array of medical pharmaceutical and over-the-counter products.

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