Korys’ acquisition of Newpharma

Dechert LLP has advised the selling shareholders of the Newpharma Group, the largest online pharmacy in Belgium, in connection with the sale of its shareholding to a consortium that includes Korys (the Colruyt family investment company which has 4 billion euro under management), the Colruyt Group (owner of the largest supermarket chain in Belgium) and Newpharma Group’s current management. The transaction closed on December 18, 2017.

The Brussels-based Dechert team included corporate partner Eric Deltour (Picture), senior associate Geoffroy Fink and associate Natalya Hrechdakian.

Involved fees earner: Eric Deltour – Dechert; Geoffroy Fink – Dechert; Natalya Hrechdakian – Dechert;

Law Firms: Dechert;

Clients: Newpharma;