Poupafarma’s Acquisition of Farmadelivery

Veirano Advogados and Rio Novo Consultores Associados represented Poupafarma in the transaction.

Poupafarma, through its vehicle EWS Farma, entered into a definitive agreement for the acquisition of 100% of the capital of Farmadelivery, a Brazilian online pharmacy.

Founded in September 2007, Poupafarma is a drugstore chain with 90 stores distributed in 31 cities of São Paulo State, with 2 thousand employees, among the stores, administration and distribution.

Farmadelivery was founded in 1990, in the city of Santo André/SP, region of ABC Paulista, as a small pharmacy. In 2007, Farmadelivery decided to operate in the opposite direction of the market, selling branded products instead of popular ones and starting its sales also by internet and telephone.

Veirano Advogados team included partners Carlos Lobo (Picture), Renata Fialho de Oliveira and Leonardo Duarte, and associates Alberto Monteiro, Alexandre Camargo Turqueto, Fernanda Lins Nemer and Amanda Iranaga.

Rio Novo Consultores Associados, with Renata Zarpelao, advised Poupafarma in this transaction.

Involved fees earner: Amanda Adrielly Iranaga – Veirano Advogados; Alexandre Camargo Turqueto – Veirano Advogados; Renata Fialho de Oliveira – Veirano Advogados; Fernanda Lins Nemer – Veirano Advogados; Carlos Lobo – Veirano Advogados; Leonardo Duarte – Veirano Advogados; Alberto Monteiro – Veirano Advogados;

Law Firms: Veirano Advogados;

Clients: Poupafarma;

Author: Ambrogio Visconti.