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ICFG France advises on the sale of Straight pharmacy distributor to Horizon Pharma
ICFG France advised this transaction in July 2019
ICFG France advises on the sale of Straight pharmacy distributor to Horizon Pharma
Target Company Name Straight
Deal Types
  • Mergers & Acquisitions
Target Country France
Buyer Name / MBO Team / MBI Team Horizon Pharma
Buyer Country France
Transaction Description

1st July 2019, Paris

Carmin Finance, ICFG member based in Paris, has advised a group of private investors in the sale of wholesale pharmacy distributor, Straight.  Straight, an innovative wholesaler and distributor serving the whole of France from one single site has been sold to Horizon Pharma.  Horizon Pharma is one of the companies belonging to a group which specialises in logistics and IT for the Pharmacy sector.  Through the acquisition, Horizon Pharma now commands a national position.

 

Christophe Pothier, Partner at Carmin Finance commented:

“We had a lot of interest in bringing together two coherent business models in a fast-changing highly fragmented sector, with a strong growth in e-commerce”.

 

Industry Sectors
  • Distribution
ICFG Office Paris, France
ICFG Advisory ICFG France advised this transaction in July 2019

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