Fagron N.V has acquired Letco Medical for $34 million
BRUSSELS, BELGIUM: Fagron N.V. has acquired Letco Medical for an acquisition price is US$ 34 million. Letco is a supplier of pharmaceutical raw materials, supplies and equipment for compounding in the USA with expected sales of approximately US$ 40 million and an expected EBITDA margin of around 11% in 2021. Fagron also sold 80% of…