August 20, 2019 |
Mexico's Sanfer said it has received a $500m investment from the Canadian pension plan Caisse de dépôt et placement du Québec (CDPQ) to help finance acquisitions.
"Sanfer intends to use this new capital to accelerate its growth, both organic and through further acquisitions" in Mexico and across Latin America, the pharmaceutical company said in a statement.
Sanfer did not reveal the size of the stake that CDPQ had acquired in the company.
"CDPQ, together with our existing partner General Atlanti
CDPQ invests $500m in the Mexican pharmaceutical firm