Cofanor Sells €45M Of Clients’ Receivables To An International Fund

Clearwater Advisor

Headquartered in Porto, COFANOR is a leading pharmaceutical distribution company in Portugal. It is a storer “full-line” dedicated to the wholesale distribution of medicinal products, dermopharmacy and other health products to pharmacies.

COFANOR has about 950 associated pharmacies and a domestic market share of nearly 10%.

Clearwater International advised COFANOR board on the sale of €45M of clients’ receivables.