Penta to expand in Poland

Czech investment fund Penta, under brand Dr. Max, has been in talks with two Polish pharmacy groups regarding potential acquisitions in the market, Puls Biznesu daily reported citing Vaclav Jirku, investment director at Penta. The mentioned groups have 80 pharmacies in total. One of the negotiations may be concluded in the first half of the current year, Jirku informed. Penta has a beady eye on a three or four Polish pharmacy networks. The fund has a 3-percent share in the Polish pharmaceutical market. In 2014, its Polish business recorded €203 million in revenues.