Pharmahouse Ltd. will provide Petrone Group holding with a stronger foothold in the European market, enabling it to respond more effectively to the needs of its clients across the world. The acquisition will increase business opportunities for both Pharmahouse Ltd. and Petrone Group. As a Group Company, Pharmahouse Ltd. will also be able to expand the portfolio of services it offers, ultimately under the Euromed brand.
Petrone Group continues its international growth path and benefits from the experience of local management and its network with a view to business expansion and value creation for customers and suppliers in the global market. Pharmahouse Ltd. enhances the Group’s presence in global markets. To the historic and well-established branch in Italy, Euromed Pharma adds the UK site to the other existing sites in France, Germany, Ireland, Portugal, Singapore, Spain and the US.
Petrone Group Holding is a family-owned business in its 4th generation focused on continuous development and expansion. The group’s headquarters are located in Naples, Italy and it has over 40 companies providing services and solutions in the pharmaceutical and healthcare sector. The group has a turnover of over 500 million euros and has over 1,130 employees across 9 locations including Barcelona, Berlin, Brescia, Dublin, Lyon, Milan, Paris, New York and Singapore.
The group offers services across the pharmaceutical value chain including commercial services, pharma distribution, retail services through pharmacy shops, and industrial services through an FDA/EMA approved manufacturing plant.
Euromed Pharma provides a range of services to pharmaceutical companies including import services, warehousing and storage, distribution, order management, tender management, clinical trial services, regulatory support, pharmacovigilance, secondary packaging, and more.
One of Euromed Pharma’s key advantages lies in the agility of its structure and the presence of multiple offices, allowing Euromed Pharma to minimize lead time and significantly reduce transport costs. By streamlining its operations, Euromed Pharma can ensure efficient and prompt delivery of drugs to its valued customers.
Futhermore, Euromed Pharma is a licensed wholesaler of medicinal products, we hold all valid licenses required for distribution. We are fully compliant with National laws and international standards, including UNI EN ISO 9001:2015 and UNI EN ISO 14001:2015.
As stated by Chris Scott, Pharmahouse Ltd.’s Managing Director and Founder, “The newly acquired UK division represents another step forward in our mission to provide innovative solutions and reliable pharmaceutical products to healthcare providers worldwide.” The Petrone Family also expressed that this acquisition is another milestone in their mission to be a trusted partner to the pharmaceutical industry globally.
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Company Name: Petrone Group Holding
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Country: United States
Website: euromed-pharma.com