Cencora is set to acquire a 51% stake in Alloga Logifarma from Farminveste units Alliance Healthcare and Alloga Portugal. The transaction is valued at 46.8 million euros.
This acquisition is expected to expand Cencora's presence and capabilities in the European distribution business. The deal is part of Farminveste's plan to partially repay debt and renegotiate existing debt.
The transaction is expected to conclude in the first half of 2025. This strategic investment reinforces Cencora's global footprint and its commitment to enhancing its pharmaceutical distribution network.
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