American owner puts medical supply group Mediq up for sale: FD

syringes with needles on the white backgroundAmerican investment group Advent International has put Dutch pharmacy and pharmaceutical supply group Mediq up for sale, just three years after completing the takeover and delisting it from the stock market, the Financieele Dagblad said on Thursday.

The paper said it bases its claim on several sources and put the potential price in the region of €1.2bn.

Advent took over Mediq for €819m and went on to sell off the company’s pharmacies to Brocacef, although that deal still requires the approval of the Dutch competition authorities.

One sourced told the paper that several potential buyers have come forward.They include American-listed competitors McKesson and Cardinal Health and investment groups CVC and Nordic Capital.

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