Valiant exits Japanese drug dispensary group
Valiant Partners Co., a SME-focused private equity firm, has exited its stake in portfolio company Hanshin Dispensing Pharmacy Co., a Kobe-based pharmacy chain operator. The fund sold its entire stake to a holding company owned by the Iwasaki family, founders of Hanshin Dispensing Pharmacy, and to several industry players. This transaction is relatively unique given the involvement of the portfolio company’s founders in finding additional trade buyers.
Reports out of the Nikkei claimed that Alfresa Holding Co., Ltd., Medipal Holdings Co., Ltd. and Toho Holdings were the new shareholders. A spokesman at Alfresa confirmed the details. Valiant and the...
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