Tuesday, August 19, 2014

Pharmaceutics: Recipharm buy the Italian Corvette Pharmaceutical … – Finanzaonline.com

Pharmaceutics: Recipharm buy the Italian Corvette Pharmaceutical … – Finanzaonline.com

Ferment in the European pharmaceutical sector. E ‘of today’s news that the Swedish Recipharm has acquired the Pharmaceutical Services Italian Corvettes to 1.1 billion crowns, equal to approximately 120 million euro, from Italy LBO investments. It is learned in a press release. Corvette recorded in 2013 a turnover of EUR 57.7 million and a gross operating profit (EBITDA) of 15 million.
transaction, it said in a note, currency Corvette at an enterprise value of 120 million, with 20 million of net debt. Only a few weeks another Swedish company Meda found another Italian Rottapharm Madaus.



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