Brief: Faes Farma Signs Contract To Buy Global Farma For $30 Mln

Faes Farma SA

09/03/2021 06:15

March 9 (Reuters) - Faes Farma  FAE.MC :
    * SAID ON MONDAY IT HAD SIGNED A CONTRACT TO BUY 100% STAKE
IN 
GLOBAL FARMA SA FOR $30 MILLION
    * THE TRANSACTION WAS FINANCED WITH FAES FARMA'S OWN
RESOURCES
    * GLOBAL FARMA IS HEADQUARTERED IN GUATEMALA AND IT OPERATES
COMMERCIALLY THROUGHOUT THE CENTRAL AMERICA-DOMINICAN REPUBLIC
REGION
    * IN 2020, GLOBAL FARMA'S SALES AMOUNTED TO $21 MILLION AND
EBITDA
TO $5.6 MILLION

    
    
 Source text: https://bit.ly/3buPpsV
    
 Further company coverage:  FAE.MC  
   


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