Home Insight Single Articles Insight Single Article – Procaps Group to acquire Grupo Somar from Advent International, gaining an important presence in Mexico, the region´s second largest market

Insight Single Article - Procaps Group to acquire Grupo Somar from Advent International, gaining an important presence in Mexico, the region´s second largest market

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Procaps Group (NASDAQ: PROC) (“Procaps”), a leading integrated LatAm healthcare and pharmaceutical conglomerate, today announced it has entered into a definitive agreement to acquire Grupo Somar (including Grupo Farmacéutico Somar and Química y Farmacia and, Gelcaps and related entities) from Advent International (“Advent”), one of the world’s largest private equity investors.