Transactions

EUROTRANSPHARMA, the leading multi-country specialist in last mile healthcare distribution (GDP temperature-controlled network) in Europe has acquired Mitters S.R.O., a Czech GDP carrier and long-time partner of the Walden Group.

Eurotranspharma continues its expansion and development strategy by capitalizing on local expertise to adhere to local healthcare market standards. The acquisition of Mitters s.r.o. will expand Eurotranspharma’s network to 6 countries, encompassing 8 hubs, 25 regional depots and 800 temperature controlled GDP vehicles. Eurotranspharma plans to develop the transport activity up to 50% growth in the next 2 years in Eastern Europe. Eurotranspharma will deploy a 4M€ investment plan to develop the transport activity on these markets.

About Mitters

Mitters is a Brno-based last mile transport company specialist in temperature-regulated healthcare distribution in the Czech Republic and Slovakia. In operation since 20010, the company has 20 employees, operates 18 daily tours in the Czech Republic and Slovakia. The company’s turnover amounts to 1 million euros.

About Eurotranspharma

Eurotranspharma is the leading European multi-country carrier 100% dedicated to healthcare products. In conformity with the GDP standards, Eurotranspharma delivers healthcare products in a temperature-controlled environment ( 2-8 °C / 15-25 °C ). Owing to its IT connected tools, Eurotranspharma provides top-quality last mile distribution with the full end-to-end traceability that healthcare products require. The company operates in France, Belgium, the Netherlands, Luxemburg, the Czech Republic and Slovakia with a fleet of 800 vehicles and 1000 specially trained & committed staff.

Andrej Mitter says: “This merger with Eurotranspharma will give Mitters access to the best IT systems, unified GDP best practices, centralized quality control and an international control tower system. Our transport capabilities and drivers will continue to operate in the local markets of the Czech Republic and Slovakia, and will now be connected to Eurotranspharma’s western countries on a daily basis.”

Benoit Latteur, CEO of Eurotranspharma; “By becoming Eurotranspharma Czech Republic, Mitters allows us to increase the value we provide to our customers by expanding our operations to Eastern countries and strengthening our international capabilities. Our customers expect a one-stop-shop experience for several EU countries with standardized quality management in transportation.