Gide has advised Phoenix Pharmahandel GmbH & Co KG on the French and Monegasque aspects of its acquisition of large parts of the European business of US pharmaceuticals distributor McKesson Corporation, a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions.
Phoenix Pharmahandel GmbH & Co KG, Germany's largest pharmaceuticals wholesaler, is the German subsidiary of Phoenix Pharma SE, a leading healthcare provider in Europe.
The transaction covers business operations in Belgium, France, Ireland, Italy, Portugal, Slovenia, the Netherlands, Lithuania and Monaco. Closing of the transaction is subject to customary regulatory clearances.
The Gide team advising Phoenix comprised partner Jean-Gabriel Flandrois, working with associates Eya Ennaifer and Antoine Moulin on corporate/M&A aspects; partner Dimitri Dimitrov and associates Gautier Kerjouan and Maximilien Rodrigues on competition law aspects, and partner Foulques de Rostolan and associate Maxime Redon on employment law aspects. The Gleiss Lutz team in Germany was led by Rainer Loges, also lead counsel, the Chiomenti team in Italy was led by Stefano Mazzotti and the Gardetto team in Monaco was led by Jean-Charles Gardetto.