Brazil: Stratus buys pharmaceutical chain Poupafarma

The investment fund Stratus SCP Brasil Coinvestimento II (Stratus) acquired 100% of Investfarma S.A., a company that controls the pharmacy chain Poupafarma, as well as other related companies.

Stratus would have bought all the companies that make up Investfarma, in a series of operations approved by the Administrative Council of Economic Defense (CADE).

In October 2018, CADE approved the acquisition of Farma Participacoes, arguing that competition would not be affected by these incursions, considering Stratus’ participation in other sectors such as gyms, collection companies and private transportation.
Full Content: LexLatin

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