M&A
confidence high
sentiment neutral
materiality 0.45
Cosmos Health to acquire Docpharm GmbH for €800K cash plus €1M credit line
Cosmos Health Inc.
- Purchase price €800,000 in cash to Docpharm owners; additional €1,000,000 credit line for working capital.
- Closing subject to due diligence, definitive SPA, board/stockholder approvals, and PCAOB-auditable financials.
- Exclusivity through July 15, 2023; Docpharm is an ISO/GDP-certified German pharmaceutical distributor since 1995.
- Current managing directors to remain; new service agreements with equal or better economic terms.
- Cosmos to bear costs of due diligence and audit as part of the transaction.