Penta strengthens position on Romanian pharmacy market

Penta strengthens position on Romanian pharmacy market

Published at: 2019-03-05 10:38 | Author: CIJEurope.com
Penta Investments has gotten the go-ahead from Romanian authorities to buy 48 pharmacies in from the Belladonna network. Euro.cz reports that the price of the deal hasn't been revealed but that Penta will complete it through its own pharmacy brand Dr. Max. Penta already owns more than 600 pharmacies in Romania and is the strongest player on the market, with the most recent deal having targeted prime locations in Bucharest. Dr. Max is one of the most profitable companies in Penta's portfolio, according to Euro.cz.

Similar Stories:

Sport Vision acquires Slovenia’s Tomas Sport 2
Sport Vision has acquired Slovenian sporting goods chain Tomas Sport 2. Sport Vision is pa  »
Prague mall partially evacuated after fumes scare
Around 500 people were evacuated from Centrum Chodov in Prague 4 after complaints of an un  »
IKEA shutting down Wenceslas Square pop-up store
IKEA will be shutting down its pop-up store in the center of Prague by the end of August.  »
Metro selling majority stake in Chinese operations
Germany’s Metro AG has called for bids for a majority share its Chinese network of 95 st  »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »
How has ParkLake performed over the last two years? ParkLake has performed increasingly p   »