Ecuphar NV/SA will be taken over by local entrepreneurs Marc Coucke and Chris Cardon, daily De Standaard reported on May 9, 2015. According to the paper, the transaction is in line with Ecuphar's ambitious expansion plans. Chris Cardon, Chief Executive Officer of Ecuphar, has examined various options in recent months to finance this takeover, but the highly fragmented shareholder structure of Ecuphar made this process more difficult, the daily said.