Europharm Distributie (EPH) announced, after the acquisition by IBR, that over 80 cars would be replaced with hybrid models Toyota Auris Terra and Toyota Yaris, following a strategic partnership closed between IBR and Toyota in Romania.
In the last 12 months, EPH also renewed its freight vehicle fleet, following EUR1.5 million investments.
The acquisition of Europharm Distributie (EPH) by fast moving consumer goods distributor Interbrands Marketing & Distribution (IBR) was completed on November 1, 2016.
EPH has been operating on the Romanian market for over 20 years, posting sales of EUR200 million. The company currently has some 500 employees working in 11 warehouses. It distributes over 3,500 products from 90 local and international suppliers and ensures delivery services to over 5,500 points of sale: independent pharmacies, pharmacy chains with national coverage, hospitals and other types of customers.
Interbrands Marketing & Distribution, part of Sarkis Group International, boasts business lines developed in Romania, Bulgaria, Cyprus, Belarus, Lebanon, Qatar, Iraq and Libya. It operates in the sector of FMCG distribution and marketing in Romania.