Hungary's Drug Company Richter Expands In Latin America

  • 21 May 2014 9:00 AM
Hungary's Drug Company Richter Expands In Latin America
Richter has signed an agreement to acquire a 51% stake in Mediplus, a marketing company based in Curacao which promotes Richter’s products in Latin America.

The drug maker also agreed to acquire the remaining 49% over three years.

Richter will sell its feminine healthcare products, including its original brand-name product Esyma, in Central America, Bolivia, Chile, Ecuador and Peru.

Following acquisitions in Brazil and Mexico late last year, Richter will boost its foothold and presence on the Latin America market with the latest deal, Napi Gazdaság writes.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?