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    Fagron acquires the U.S. company Humco

    The Fagron company from Ghent announced on Tuesday that it has bought the U.S. firm Humco. The purchase price could amount to US$70 million, based on the results of the acquisition.

    Humco delivers syrups and brand-name pharmaceutical products to more than 45,000 pharmacies in the United States. The Texas company was founded in 1872.

    Fagron disbursed US$47.5 million for this buyout, a figure that could amount to US$70 million according to Humco’s results.

    Oscar Schneider
    The Brussels Times