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Fagron NV

Fagron NV

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Publicatie datum 25 apr 2013 - 07:36
Statutaire naam Fagron NV
Titel Arseus: Acquisition of United States based Freedom Pharmaceuticals
Bericht Fagron creates a strong and nation-wide U.S. coverage, immediately delivering extra value to customers Waregem (Belgium) / Rotterdam (the Netherlands)[1], 25 April 2013 - Arseus announces today the acquisition of Freedom Pharmaceuticals, a leading supplier of pharmaceutical raw materials, excipients, bases and capsules to independent compounding pharmacies throughout the United States. In 2013, Freedom Pharmaceuticals expects to achieve turnover of approximately US$ 25 million with an EBITDA margin above the average for the Fagron Group. Fagron paid a multiple of 5.5 times EBITDA for this acquisition. Freedom Pharmaceuticals will be consolidated as of 1 April 2013.