CM Hospitalar S/A singed a purchase and sale agreement to acquire Expressa Distribuidora De Medicamentos Ltda on December 27, 2019. In 2019, Expressa Distribuidora generated revenue of BRL 1.5 billion. Transaction is subject to approval by the Brazilian antitrust body Cade.

As of May 25, 2020 the transaction was approved by CADE. Fernando Meira of Pinheiro Neto Advogados acted as legal advisor to selleing shareholder of Expressa Distribuidora De Medicamentos. Rodrigo Marcilio of Pinheiro Guimarães - Advogados acted as legal advisor to CM Hospitalar S/A.