ADVANT Altana advises CFAO Healthcare on the acquisition of Goodlife Pharmacy

The leading pharmaceutical distributor in Africa acquires the largest private pharmacy network in East Africa.

CFAO Healthcare, the healthcare division of the CFAO Group, has announced the acquisition of 100% of Goodlife Pharmacy from LeapFrog Investments.

This transaction marks a major milestone in CFAO Healthcare's strategy to fully control the pharmaceutical value chain, from manufacturing to dispensing medicines to patients.

This acquisition, which follows an initial minority stake acquisition in 2022, consolidates CFAO Healthcare's presence and leadership in the healthcare sector in East Africa, reinforcing its commitment to ensuring access to quality medicines and medical products for all patients on the continent.

ADVANT Altana advised the CFAO group on this transaction with a team led by Gilles Gaillard, partner, and Margaux Ripert, associate, on corporate M&A aspects.