Altor sells Ferrosan to Pfizer
Altor has sold Danish consumer health company Ferrosan Consumer Health (FCH) to Pfizer Inc.
The investor acquired a stake in the company in 2005. Since the initial investment FCH's EBITDA has increased from DKK 147m to DKK 302m in 2010, representing an annual increase of 15%. The investor has supported the company through focusing on key brands in core markets, improving the operational efficiency and a reorganisation of the governance structure.
Altor will maintain its involvement in Ferrosan Medical Devices.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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