Investment Summary

Ivax Invests In Polfa Kutno S.A.

On June 1, 2004, Ivax invested in medical products company Polfa Kutno S.A. from Recordati

Investment Highlights
  • This is Ivax’s 1st transaction in the Medical Products sector.
  • This is Ivax’s 1st transaction in Poland.

Investment Summary

Date 2004-06-01
Target Polfa Kutno S.A.
Sector Medical Products
Investor(s) Ivax
Sellers(s) Recordati
Deal Type Stake Purchase

Target

Polfa Kutno S.A.

Kutno, Poland
Polfa Kutno, S.A. is a producer and marketer of prescription medicines and Over The Counter (OTC) drugs.

Search 204,714 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Ivax

Miami, Florida, United States

Category Company
Sector Life Science
Employees8,175
Revenue 1.2B USD (2002)
DESCRIPTION

Ivax Corp. is a develops, manufactures, and markets branded and brand equivalent (generic) pharmaceuticals and veterinary products.


DEAL STATS #
Overall 2 of 3
Sector (Medical Products) 1 of 1
Type (Stake Purchase) 1 of 1
Country (Poland) 1 of 1
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-27 ChemSource

Puerto Rico

ChemSource Corp. is a developer, manufacturer and sells active pharmaceutical ingredients (APIs) for various pharmaceutical product.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-15 Phoenix Scientific

Fort Dodge, Iowa, United States

Phoenix Scientific, Inc. manufactures veterinary pharmaceutical preparations Toy balloons or balls, Dolls, Doll houses, Stuffed animals or puppets, Playhouses, Building blocks, Riding toys, Pull toys, Childrens science kits, Toy vehicles, Toy trains, Inflatable toys, Doll parts or accessories, Yo yos, Kites, Pogs, Kaleidoscopes, Pom poms, Pinatas, Boomerangs, Flying discs, Toy pails.

Buy $196M

Seller(S) 1

SELLER

Recordati

Milan, Italy

Category Company
Founded 1926
Sector Medical Products
Employees4,455
Revenue 2.1B EUR (2023)
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 2 of 2
Sector (Medical Products) 1 of 1
Type (Stake Purchase) 1 of 1
Country (Poland) 1 of 1
Year (2004) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-27 Sophartex S.A.

Vernouillet, France

Sophartex S.A. is a manufacturing business dedicated to the production of finished pharmaceutical dosage forms mainly for third parties. The company offers fluid bed granulation production and blisters, alu-alu strip, and sachets packaging services.

Sell €17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-22 Merckle - Pharmaceutical Business

Ulm, Germany

Merckle GmbH - Pharmaceutical Business engages in the distribution and marketing of pharmaceutical products.

Buy €45M