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LCI completes acquisition of certain assets of Pfizer Pakistan Limited and Pfizer Inc. to enhance pharmaceutical portfolio

May 20, 2024

Acquiring Company

Lucky Core Industries Limited

Acquired Company

Pfizer Pakistan Limited

KarachiKarachiBiotechnologyHealth CarePharmaceuticalManufacturingBiotechnologyHealth CarePharmaceutical

Description

Lucky Core Industries Limited (LCI) has successfully executed Asset Purchase Agreements with Pfizer Pakistan Limited and Pfizer Inc. to acquire a manufacturing facility and a portfolio of well-established pharmaceutical brands. This strategic acquisition will enrich LCI's pharmaceutical portfolio, allowing it to expand its manufacturing base, diversify product offerings, and strengthen its position in the marketplace.

Quick answer

Lucky Core Industries Limited is acquiring Pfizer Pakistan Limited, announced May 20, 2024. Lucky Core Industries Limited is based in Karachi, Sindh, Pakistan.

How much did Lucky Core Industries Limited pay for Pfizer Pakistan Limited?
The deal value was not disclosed.
What does Lucky Core Industries Limited do?
Lucky Core Industries Limited (LCI) is a diversified business entity, actively involved in various sectors including pharmaceuticals.
Where are Lucky Core Industries Limited and Pfizer Pakistan Limited based?
Lucky Core Industries Limited is based in Karachi, Sindh, Pakistan. Pfizer Pakistan Limited is based in Karachi, Sindh, Pakistan.
Who are the decision-makers at Lucky Core Industries Limited?
Fundz holds 1 contact at Lucky Core Industries Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lucky Core Industries Limited

Location

Karachi, Sindh, Pakistan

About

Lucky Core Industries Limited (LCI) is a diversified business entity, actively involved in various sectors including pharmaceuticals. The company focuses on enriching lives by delivering quality medicines and healthcare products, and it is committed to accelerating growth and expansion.

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Frequently asked

Who acquired Pfizer Pakistan Limited?

Pfizer Pakistan Limited was acquired by Lucky Core Industries Limited, based in Karachi. The deal was reported on May 20, 2024. Lucky Core Industries Limited (LCI) is a diversified business entity, actively involved in various sectors including pharmaceuticals. Lucky Core Industries Limited is privately held and operates in Biotechnology.

When did Lucky Core Industries Limited acquire Pfizer Pakistan Limited?

Lucky Core Industries Limited's acquisition of Pfizer Pakistan Limited was reported on May 20, 2024. Lucky Core Industries Limited (LCI) has successfully executed Asset Purchase Agreements with Pfizer Pakistan Limited and Pfizer Inc. to acquire a manufacturing facility and a portfolio of well-established pharmaceutical brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pfizer Pakistan Limited do?

Pfizer Pakistan has been working for the health and well-being of the people in Pakistan since 1959. Pfizer Inc. Chief Executive, Mr. John J Powers Jr. It is privately held, operating in Manufacturing, and is based in Karachi.

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