Farmacias Benavides, S.A.B. de C.V. (BMV:BEVIDES B) and Servicios Operacionales Benavides, S.A. De C.V. acquired Farmacias ABC de Mexico, S.A. de C.V. from Grupo Casa Saba SAB de CV and Inmuebles Visosil, S.A. De C.V. for MXN 170 million.
June 27, 2014 at 12:00 am
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Farmacias Benavides, S.A.B. de C.V. (BMV:BEVIDES B) and Servicios Operacionales Benavides, S.A. De C.V. entered into a contract to acquire Farmacias ABC de Mexico, S.A. de C.V. from Grupo Casa Saba SAB de CV and Inmuebles Visosil, S.A. De C.V. for MXN 170 million on June 3, 2014. As result of the purchase, Farmacias Benavides will hold 99.99% stake in Farmacias ABC, while Servicios Operacionales Benavides will hold 0.01%.
Farmacias Benavides, S.A.B. de C.V. (BMV:BEVIDES B) and Servicios Operacionales Benavides, S.A. De C.V. completed the acquisition of Farmacias ABC de Mexico, S.A. de C.V. from Grupo Casa Saba SAB de CV and Inmuebles Visosil, S.A. De C.V. on June 25, 2014.
Farmacias Benavides SAB de CV is a Mexico-based company primarily engaged in the pharmaceutical and chemical industry. The Company operates a network of over 700 drug stores located nationwide under the Farmacias Benavides name. Through its network of drug stores, it sells a variety prescription and over the counter (OTC) medicines, cosmetics, personal and baby care products and toiletries, as well as it also provides such related services as laboratory samples, home delivery, prescription laboratory, online pharmacy and photo processing services. As of December 31, 2011, the Company owned such subsidiaries as Servicios Operacionales Benavides SA de CV, Benavides de Reynosa SA de CV and Servicios Logisticos Benavides SA de CV, and Fasa Investment Limitada which was its majority shareholder with 85.25% of its interest.
Farmacias Benavides, S.A.B. de C.V. (BMV: BEVIDES B) and Servicios Operacionales Benavides, S.A. De C.V. acquired Farmacias ABC de Mexico, S.A. de C.V. from Grupo Casa Saba SAB de CV and Inmuebles Visosil, S.A. De C.V. for MXN 170 million.
FARMACIAS BENAVIDES, S.A.B. DE C.V. 