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Farmoquimica

Sector: Water Supply and Storage • Location: Brazil

Source: International Finance Corporation (IFC)

Project
Active

Farmoquimica ('FQM' or the 'Company') is seeking a USD 116 million A and B loan long term facilities from IFC (being USD 31 million for IFC’s own account) to support the business combination between FQM and Divcom and finance the acquisition of brands commercialized by Divcom. 

 

Founded in 1932 in Rio de Janeiro, FQM is one of Brazil’s pharma company operating in the

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Project Information

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The project “Farmoquimica” is an infrastructure initiative in the Water Supply and Storage sector, located in Brazil. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

Farmoquimica ('FQM' or the 'Company') is seeking a USD 116 million A and B loan long term facilities from IFC (being USD 31 million for IFC’s own account) to support the business combination between FQM and Divcom and finance the acquisition of brands commercialized by Divcom.    Founded in 1932 in Rio de Janeiro, FQM is one of Brazil’s pharma company operating in the segment of prescription drugs. Currently operating in 9 therapeutical areas including gastroenterology, respiratory, cardiology and dermatology, the Company has a portfolio of over 50 branded drugs. It has grown through both organic and inorganic growth with the recent acquisitions of Invictus (2012) and Melora (2016). Divcom is a company manufacturing and distributing OTC products in Brazil and based in Pernambuco (Northeast Brazil).   This will be the first IFC project with this client.                                                     

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High

Data quality score

100%

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