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Move boosts international presence
September 28, 2016
By: TOM BRANNA
Editor
Puig has purchased a minority stake in Granado, a Brazilian pharmacy. A purchase price was not disclosed. The move supports Granado's internationalization and gives Puig further access to one of the biggest personal care markets in the world. Granado also owns Phebo, a well-known Brazilian soap brand, which the company acquired in 2004.
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