SC Participações Empresariais signed an agreement to acquire Panpharma Participacoes S.A. and Onco Prod Distribuidora de Produtos Hospitalares e Oncológicos S.A. from Celesio AG (DB:CLS1).

SC Participações Empresariais signed an agreement to acquire Panpharma Participacoes S.A. and Onco Prod Distribuidora de Produtos Hospitalares e Oncológicos S.A. from Celesio AG (DB:CLS1) on January 31, 2016. The transaction is subject to the approval of the relevant authorities and is expected to complete during the first quarter of fiscal year 2017. Guilherme Scarance and Cleber Martins of Máquina Cohn & Wolfe and Érika Martins and Claudia Mancini of MSLGROUP Andreoli|Publicis Consultants acted as public relations advisors for Celesio.

Moelis & Company LLC acted as financial advisor for SC Participações.