Hogan Lovells advises Bencis on the sale of Ceban to Medios

Press releases | 19 March 2024

Amsterdam, 19 March 2024 – Led by partner Danielle du Bois-Buné, the Hogan Lovells M&A team is advising independent investment company Bencis on the sale of Ceban Pharmaceuticals B.V. ("Ceban"), the Dutch market leader in compounding, to Frankfurt stock exchange listed Medios, the leading provider of Specialty Pharma Solutions in Germany.

Medios will acquire a 100% interest in Ceban from funds managed by Bencis for an Enterprise Value that includes a cash component of €235.3 million and 1.7 million in Medios shares.

For Medios this transformative acquisition is a significant milestone in carrying out its strategy to build the leading European Specialty Pharma platform. With the fast-growing leading pharmaceutical compounding platform of Ceban, Medios is able to establish an international network of GMP laboratories and position itself as the go-to partner for the compounding of personalized medicines. Combining the strengths of the two businesses also offers substantial operational, strategic, and commercial synergies that benefit both parties.

Danielle du Bois-Buné, said: "We are very proud to assist the outstanding Bencis team on the divestment of Ceban and to be able to support the journey of Ceban since the acquisition by Bencis in 2019."

For more information about the transaction, please see here.

The Hogan Lovells team was led by partner Danielle du Bois-Buné, with support from counsel Bastiaan van Rath and junior associates Béatrice Meulen and Quint Verboven (all Amsterdam M&A).

Other team members who supported on the transaction, include: Daan Dopheide (junior associate), Hein van den Bos (partner), Julia Mischie (junior associate), Samantha van Dijk (junior associate), Milan Tuijp (junior associate), Alexander Fortuin (partner), Matthijs Dols (counsel), Maria Benbrahim (partner), Mariëtte Vis (consultant), Imane Azdad (associate), Famke Rothstegge (junior associate), Auke van der Heyden (junior associate), Giannina Leander (associate), Babette Dol (junior associate), Chantal van Dam (counsel), Job Boomgaard (junior associate), David Wesselman (junior associate), Robert Masman (partner), Tom van Duuren (partner), Art van der Pols (senior associate), Chantalle Schoegje (senior candidate civil law notary), Carola Houpst (candidate civil law notary), Eran Lapid (junior associate)and Marieke Plaisier (associate).

German law matters: Michael Schlitt (partner), Susanne Ries (of counsel), Sebastian Biller (counsel), Karolin Hiller (counsel), Konstantin Weber (senior associate), Eric Stephan (associate).

Belgian law matters: Fabien Roy (partner), Falk Schöning (partner), Hélène Boland (senior associate), Charles-Henri Bernard (senior associate), Grégoire Paquet (associate), Sean Jonckheere (associate) was well as Lydian.

For Spanish law matters: Álvaro Abad (senior associate).