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M&A Deal Summary

Recordati Acquires Dr. F. Frik Ilac A.S.

On July 1, 2011, Recordati acquired life science company Dr. F. Frik Ilac A.S. for 130M USD

Acquisition Highlights
  • This is Recordati’s 6th transaction in the Life Science sector.
  • This is Recordati’s 3rd largest (disclosed) transaction.
  • This is Recordati’s 2nd transaction in Turkey.

M&A Deal Summary
Date 2011-07-01
Target Dr. F. Frik Ilac A.S.
Sector Life Science
Buyer(s) Recordati
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

Dr. F. Frik Ilac A.S.

Istanbul, Turkey
Dr. F. Frik Ilac A.S. is a Turkish pharmaceutical company with headquarters in Istanbul. Company is one of the fastest growing pharmaceutical companies in Turkey. The company has a core portfolio of original prescription products both in primary care and specialist areas

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Buyer(S) 1

Buyer

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 9 of 17
Sector (Life Science) 6 of 10
Type (Add-on Acquisition) 8 of 15
Country (Turkey) 2 of 2
Year (2011) 1 of 1
Size (of disclosed) 3 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-19 HERBACOS RECORDATI s.r.o.

Pardubice, Czech Republic

HERBACOS RECORDATI, s.r.o. is a pharmaceutical company produces over-the-counter (non-prescription) generic pharmaceuticals in the Czech Republic.

Buy €19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-23 Farma-Projekt Sp. z o.o.

Krakow, Poland

Farma-Projekt Sp. z o.o. is a Polish pharmaceutical company market since 2003 and markets drugs belonging to a variety of therapeutic areas, mainly cardiovascular and urological treatments as well as dietary supplements.

Buy zł71M
Mergr

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