April 24, 2018 11:48 AM ET

Pharmaceuticals

Company Overview of Laboratório Teuto Brasileiro S.A.

Company Overview

Laboratório Teuto Brasileiro S.A. develops, manufactures, and commercializes pharmaceutical products primarily in Brazil. The company offers generic and over the counter medicines, hospital line, herbal medicines, food supplements, and cosmetics, as well as phytotherapic medicines, and dietary, hygiene, and toiletry products. It also provides outsourced pharmaceutical manufacturing services to national and multinational companies. The company sells its products through a network of distributors, retailers, and government agencies. It also exports its products to Central America, South America, Africa, the Middle East, and Portugal. The company was founded in 1947 and is headquartered in Anáp...

VP 7-D Modulo, 11

Quadra 13

DAIA

Anapolis, GO 75132-901

Brazil

Founded in 1947

Phone:

55 62 3310 2000

Key Executives for Laboratório Teuto Brasileiro S.A.

Laboratório Teuto Brasileiro S.A. does not have any Key Executives recorded.

Laboratório Teuto Brasileiro S.A. Key Developments

Pfizer To Reportedly Exit Brazilian Venture For A Token Amount

Pfizer Inc (NYSE:PFE) has reportedly agreed to exit Laboratório Teuto Brasileiro SA for a token amount, after it failed to find a buyer for its 40% stake in the company. According to sources familiar with the matter, the heirs of Teuto founder Walterci Melo will pay Pfizer BRL 1 ($0.30) for the stake acquired by the U.S. pharmaceutical company seven years ago for $240 million.

Laboratório Teuto Reportedly Put Up For Sale

Market observers believe a binding offer for the Laboratório Teuto Brasileiro S/A, put for sale by the Melo family and Pfizer Limited (BSE:500680), would be below BRL 1.5 billion.

Pfizer Reportedly Hired Goldman Sachs And BTG For Sale Of Laboratório

Pfizer Inc. (NYSE:PFE) has hired the investment banking unit of The Goldman Sachs Group, Inc. (NYSE:GS) and BTG Pactual Group (BOVESPA:BBTG11) to oversee the plan to exit Pfizer's 40% stake in Laboratório Teuto Brasileiro S/A according to sources compiled by Reuters.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 4, 2017
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