“International pharmacy chain Dr.Max has finalized the acquisition contract for A&D Pharma, which owns pharmacy chains Sensiblu and Punkt, distributor Mediplus in Romania and A&D Pharma Marketing & Sales, one of the largest pharmaceutical marketing and sales platforms in Central and Eastern Europe,” the companies said in a joint statement.
The deal is estimated at EUR300-400 million.
Dr.Max, owned by Penta Investment, already operates 31 pharmacies in Romania since it took over Arta in June 2017. Following the takeover of A&D Pharma, with 631 pharmacies, the country’s main medicines distributor and the Marketing & Sales division, Dr.Max becomes the market leader in Romania.