Synthon continues Latin America expansion with Nafar buy

Related tags Latin america United states Marketing

Synthon has completed the acquisition of Mexico-based Nafar Laboratories, adding to its presence in Latin America which includes recent purchases in Chile and Argentina.

The acquisitions in Latin America are part of Netherlands-based Synthon’s emerging market strategy, which is also looking at opportunities in Eastern Europe and Asia Pacific.

Synthon believes there are benefits in acquiring companies which have a strong reputation in their home territory. This provides Synthon with an established presence in the country which can be enhanced by integrating the acquired business.

Nafar is a developer, manufacturer and distributor of generic drugs to the Mexican market. Its capabilities include the production and marketing of soft-gel formulations in Mexico.

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