Pharmaceutical Company Changes Hands in Costa Rica

The Cuestamoras group has announced the purchase of a majority in the Cefa-Fischel corporation, which operates a chain of pharmacies present in Costa Rica and Nicaragua, in addition to laboratories and other drug distributors.

Tuesday, June 2, 2015

The purchase request was filed with the Commission to Promote Competition by Cuestamoras on May 8, and is subject to approval. The Cefa-Fishel corporation operates 73 pharmacies in Costa Rica and hopes to close the year with 8 more branches. reports that "... Cuestamoras' acquisition involves the companies Cefa Central Pharmaceutical, Farmacias Eos, Nueva Farmacia Fischel, Laboratorios Internacionales Labin, Cefa Corporation Nicaragua, all of these wholesale distributors and retail of medicines and other products. "

"... Negotiations are closed between the multibusiness company founded with Costa Rican capital and the Uribe family (former owners of the supermarket chain Supermercados Unidos) and the distributor Cefa and its pharmacy chain Fischel. Manuel Zuniga, Cuestamoras' CEO, noted that "... 'With this agreement, the strategic discipline and business culture of Cuestamoras will be combined with the industry knowledge of the founding family in order to offer customers the best shopping experience.'"

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