.
MergerLinks Header Logo

Announced

Oriola-backed Kronans Apotek to merge with Euroapotheca-backed Apoteksgruppen in an $800m deal.

Financials

Edit Data
Transaction Value£590m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Single Bidder

pharmacy franchise

Drug Retailers

Sweden

Private

Merger

Pending

Acquisition

Friendly

Majority

Synopsis

Edit

Oriola-backed Kronans Apotek, a Swedish pharmacy company, agreed to merge with Euroapotheca-backed Apoteksgruppen, a pharmacy chain, in an $800m deal. "We are delighted to publish the planned merger of Oriola's Kronans Apotek and Euroapotheca's Apoteksgruppen, creating significant synergy opportunities in the pharmacy business. The contemplated transaction is a logical step in Oriola's transformation and consequently Oriola will focus on its societal role as an infrastructure company of pharmaceuticals distribution and providing services to pharmaceutical companies and pharmacies. With this common venture, during the next 2-3 years the new company will concentrate in capturing the synergies," Panu Routila, Oriola Chairman of the Board.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US