Extrafarma is the drugstore chain owned by Pague Menos. The company is among the top 10 largest pharmacy chains in Brazil, with stores located throughout the north, northeast and southern regions of the country.[1][2][3][4]
The company has more than 400 stores in 10 States[5] and more than 7000 employees.
Pedro de Castro Lazera founded the company Imifarma on 2 December 1960. It was initially focused on the drug distribution market.[6]
In 2013, Extrafarma was acquired by Ultra. With the acquisition, Ultra entered the pharmaceutical retail industry and made Extrafarma its third distribution business and specialty retail chain, along with Ipiranga and Ultragaz.[7][8] With the acquisition, Extrafarma will expand and open new pharmacy stores inside Ipiranga gas stations and Ultragaz resellers.[9]
ADVB-PA Award – Association of Sales and Marketing Managers from Brazil: Top Environmental Company Award, 2012.[10][11]
