Puig takes minority stake in Granado

It has been in the air for several weeks and it's now confirmed: Puig is taking a minority stake in Granado. “The transaction is intended to support the growth of Granado in domestic and international markets,” explained the Barcelona-hedquartered group. The amount of the transaction has not been disclosed. Granado, Brazil's storied pharmacy, was founded in 1870 by Portuguese immigrant, José Antônio Coxito Granado. A pioneer in the production of high-quality natural preparations, Granado...