MIRA INFORM REPORT

 

 

Report Date :

13.08.2012

 

IDENTIFICATION DETAILS

 

Name :

SANOFI-AVENTIS FARMACÊUTICA LTDA

 

 

Formerly Known As :

AVENTIS PHARMA LTDA

 

 

Registered Office :

Avenida Major Sylvio De Magalhães Padilha,5200 Edificio Atlanta, Bloco A (Gate:Av. Nações Unidas - Morumbi , Zip Code 05677-000 - São Paulo/Sp

 

 

Country :

Brazil

 

 

Date of Incorporation :

31.07.1998

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Subject is engaged in the manufacture of chemical products

 

 

No. of Employees :

1013 Employees

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Exists

 

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Brazil

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Company name

 

SANOFI-AVENTIS FARMACÊUTICA LTDA

 

 

company ADDRESSES

 

MAIN ADDRESS:

AVENIDA MAJOR SYLVIO DE MAGALHÃES PADILHA,5200 EDIFICIO ATLANTA, BLOCO A (GATE:AV. NAÇÕES UNIDAS - MORUMBI

ZIP CODE/CITY:

05677-000 - SÃO PAULO/SP

 

 

PHONE:

11 3759-6000

FAX:

11 3759-6000

E-MAIL:

rita.garcia@sanofi-aventis.com

WEB SITE:

www.aventispharma.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA CONDE DOMINGOS PAPAIZ,413 - JARDIM NATAL

ZIP CODE/CITY:

08613-901 SUZANO/SP

CNPJ:

02.685.377/0008-23

 

 

ADDRESS:

AVENIDA CECI,1900 BLOCO III, PARTE 20 - SITIO MUTINGA

ZIP CODE/CITY:

06460-120 BARUERI/SP

CNPJ:

02.685.377/0010-48

 

 

ADDRESS:

ESTRADA DA CRUZ GRANDE,1700 PARTE 02 B

ZIP CODE/CITY:

13290-000 LOUVEIRA/SP

 

 

ADDRESS:

RUA DO ROCIO,315 / 11º ANDAR

ZIP CODE/CITY:

04552-905 SÃO PAULO/SP

CNPJ:

02.685.377/0020-10

 

 

ADDRESS:

AVENIDA PORTUGAL,1100 PARTE A43 - ITAQUI

ZIP CODE/CITY:

06696-060 ITAPEVI/SP

 

 

ADDRESS:

RUA EDUARDO JOSE LEAL,717 - SÃO DOMINGOS

ZIP CODE/CITY:

88375-000 NAVEGANTES/SC

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

SUBJECT IS ENGAGED IN THE MANUFACTURE OF CHEMICAL PRODUCTS.

 

 

 

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

31/07/1998

REGISTER DATE:

31/07/1998

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

02.685.377/0001-57

STATE REGISTER:

114.526.890.114

 

 

SHARE CAPITAL:

R$ 506.275.105,50

LAST REGISTER OF CAPITAL:

30/09/2009

 

BOARD OF DIRECTORS:

 

 

 

IVAN PEDRO GONÇALVES DE BARROS

FINANCIAL DIRECTOR

HERALDO CARVALHO MARCHEZINI

GENERAL DIRECTOR

MARCOS GAGHEGGI RAVANINI,

DIRECTOR

VALDOMIRO RODRIGUES

REPRESENTATIVE

 

 

AUTHORIZED USE OF SIGNATURE

 

THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

SANOFI-AVENTIS COMERCIAL E LOGÍSTICA LTDA

R$ 506.275.102,50

IVAN PEDRO GONÇALVES DE BARROS

R$ 3,00

 

AFFILIATES / SUBSIDIARIES:

 

 

 

AVENTIS ANIMAL NUTRITION LTDA

 

AVENTIS CROP SCIENCIES

 

AVENTIS BERHING LTDA

 

AVENTIS PASTEUR LTDA

 

FISONS PARTICIPACOES LTDA

 

MTN DO BRASIL LTDA

 

FAIRWAY POLIESTER LTDA

 

MEDLEY INDUSTRIA FARMACEUTICA LTDA

 

SANOFI SYNTHELABO FARMACEUTICA LTDA

 

OFIMEX FARMACEUTICA LTDA

 

MEDLEY COMERCIAL E LOGISTICA LTDA

 

SANOFI-AVENTIS INDUSTRIAL E PARTICIPAÇÕES

 

SANOFI- AVENTIS FARMACEUTICA LTDA

 

CSC PARTICIPAÇÕES LTDA

 

PLANEJAR - SOCIEDADE DE PREVIDENCIA COMP

 

 


COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON JULY 01, 1998 AS FAIRWAY POLIESTER LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. IN AUGUST 2001 IT TOOK OVER AVENTIS PHARMA LTDA CNPJ 00.773.091 (WHICH WAS THE RESULT OF THE MERGER OF THE COMPANIES HOESCHST MARION ROUSSEL S/A AND RHODIA PHARMA LTDA TAKEN PLACE ON JANUARY 01, 2000 AND IN MAY 2000 ALTERED ITS NAME TO AVENTIS PHARMA LTDA).

 

ON JULY 14, 2006 IT ADOPTED THE ABOVE MENTIONED NAME.

 

ACCORDING TO GENERAL MEETING HELD ON JUNE 30, 2006 AND PUBLISHED ON THE OFFICIAL GAZZETE OF THE STATE OF SAO PAULO ON SEPTEMBER 27, 2006 THE COMPANY AVENTIS PHARMA KTDA TOOK OVER THE COMPANIES SANOFI SYNTHELABO DO BRASIL PARTICIPAÇÕES LTDA - NIRE 35219989078; SANOFI SYNTHELABO FARMACEUTICA LTDA - NIRE 35219989060; CSC PARTICIPAÇÕES LTDA - NIRE 352113509635 AND INTER CONSULTORIA INDUSTRIAL LTDA - NIRE 35212358684.

 

AT THE SAME DATE THE COMPANY ADOPTED THE NAME SANOFI-AVENTIS FARMACEUTICA LTDA.

 

THE ENTIRE DOCUMENT WAS FILED AT THE STATE OF SAO PAULO REGISTRATION OFFICE ON JULY 14, 2006 UNDER REGISTRATION # 186093/06-8.

 

ACCORDING TO THE SAME MEETING IT WAS DECIDED THAT THE COMPANY SANOFI-SYNTHELABO FARMACEUTICA LTDA WOULD BE TERMINATED. AT THE RECEITA FEDERAL (INTERNAL REVENUE SERVICE) THIS COMPANY IS STILL ACTIVE. HOWEVER, NO ACTIVITIES ARE CARRIED BY THIS COMPANYH. AS PER OUR EXPERIENCE THIS COMPANY STILL HAS SOME TAX ISSUES PENDING WITH THE INTERNAL REVENUE SERVICE AND UNTIL SUCH ISSUES ARE NOT SOLVED THE COMPANY CANNOT BE TERMINATED.

 

PARTNERS:

 

SANOFI-AVENTIS COMERCIAL E LOGÍSTICA LTDA: REGISTERED AT THE STATE OF SÃO PAULO NOTARY OFFICE UNDER # 35.215.290.088HEADQUARTERED AT ESTRADA DA CRUZ GRANDE, 1700, PARTE 02 A, ZIP CODE 13290-000, LOUVEIRA/SP;

 

IVAN PEDRO GONÇALVES DE BARROS: BRAZILIAN, HOLDER OF DOCUMENTS CPF 042.714.778-69, RG 4.643.854, SP, RESIDENTIAL ADDRESS AV. MAJOR SYLVIO DE MAGALHÃES PADILHA, 5200, EDIFÍCIO ATLANTA, SÃO PAULO/SP;

 

ON SEPTEMBER THE COMPANY MADE A PARTIAL SPLIT OFF WITH THE PARTIAL TRANSFERENCE OF ITS ASSETS AND LIABILITIES TO COMPANY RHONE-POULENC ANIMAL NUTRITION BRASIL LTDA.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS. RITA, FINANCIAL DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED.

 

IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER INFORMATION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC RECORDS INFORMATION:

 

PROTESTS:

 

4  PROTESTS,TOTAL AMOUNT R$ 55.463,60

 

DETAILS OF LATEST PROTESTS:

 

NOTARY OFFICE:

DATE:

VALUE:

1º CARTÓRIO DE SÃO PAULO/SP

23/04/2009

R$ 21.509,25

10º. CARTÓRIO DE SP-SÃO PAULO

07/04/2009

R$ 12.445,10

3º. CARTÓRIO DE SP-SÃO PAULO

30/03/2009

R$ 21.509,25

2º CARTÓRIO DE SUZANO/SP

01/08/2012

R$ 238,23

 

LAWSUITS:

 

 

 

DATE:

COURT OF LAW:

 

2

EXECUTIVE LAWSUITS

04/01/09

4º VARA DE SP-SANTO AMARO

1

FEDERAL LAWSUIT

19/08/09

12ª VARA DE SP-FEDERAL

 

 

FINANCIAL INFORMATION

 

DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION.

 

OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA ABOUT THE SUBJECT.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 2,01

 - OFFICIAL RATE ON 09/08/2012

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT THE SUBJECT'S CURRENT FINANCIAL STANDING. HOWEVER, SUBJECT BELONGS TO A LARGE SIZED MULTINATIONAL GROUP, HOLDER OF HUGE FINANCIAL POWER, THUS MAY GIVE THE SUBJECT THE NECESSARY FINANCIAL SUPPORT WHENEVER REQUIRED.

 

REAL ESTATE:

 

DETAIL OF OWNED REAL ESTATE:

 

TYPE:

BUILDING

VALUE:

R$ ,00

REMARKS:

PREMISES AT THE CAPTION ARE OWNED AND COMPRISE OF 92635 SQ. MTS. VALUE WAS NOT DISCLOSED.

 

VEHICLES:

NOT AVAILABLE

 

MACHINES:

NOT AVAILABLE

 

 

INSURANCE

 

THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT DISCLOSED.

 

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

BANCO ITAU S/A

CORPORATE

SÃO PAULO/SP

BANCO BRADESCO S/A

RUA AMERICO BRASILIENSE

SÃO PAULO/SP

BANCO DO BRASIL S/A

0387

SÃO PAULO/SP

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").

 

 

ACTIVITIES COMMENTS

 

 

SUBJECT IS ENGAGED IN THE MANUFACTURE OF CHEMICAL PRODUCTS.

 

MAIN PRODUCTS: DRUGS IN GENERAL.

 

OWN BRANDS: TAXOTERE, NOVALGINA, CLEXANE, CEPACOL.

 

 

IMPORT AND EXPORT:

 

IMPORTS FROM:

EUROPE AND THE USA.

 


EXPORTS TO:

LATIN AMERICA.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

 

DISTRIBUIDORA FARMACEUTICA PANARELLO LTDA

 

 

DISTRIBUIDORA SANTA CRUZ LTDA

 

 

DROGARIA SAO PAULO

 

 

 

STAFF:

 

THE COMPANY HAS: 1013 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS A WELL-ESTABLISHED COMPANY OPERATING WITH A WIDE SCALE OF ACTIVITIES AND AN EXCELLENT TRADE REPUTATION. IT IS A SUBSIDIARY OF TWO IMPORTANT MULTINATIONAL GROUP WITH OPERATIONS WORLDWIDE AND HUGE FINANCIAL POWER.

 

THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED.

 

MOST OF THE SUPPLIERS WHICH PROVIDED INFORMATION REPORTED PROMPT PAYMENTS, THUS THE SUBJECT HAS VERY GOOD PAYMENT RECORD.

 

THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY'S TRADE REPUTATION.

 

OUR INVESTIGATION THROUGH THE PUBLIC RECORDS SHOWED SOME DETRIMENTAL FILES REGISTERED AGAINST THE SUBJECT BUT DUE TO THE SUBJECT'S HIGH FINANCIAL STRENGTH AND HIGH SCALE OF OPERATIONS THE DETRIMENTAL FILES ARE CONSIDERED NORMAL AND DO NOT AFFECT ITS TRADE REPUTATION OR ITS CREDITWORTHINESS.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

 

BRASIL GRAFICA

 

 

CIA VIDRARIA SANTA MARINA

 

 

COPERSUCAR COOP PROD. CANA, AÇÚCAR E ÁLCOOL  EST. SÃO PAULO

 

 

DSM PRODUTOS NUTRICIONAIS BRASIL LTDA

 

 

DUROTEC INDUSTRIA LTDA

 

 

HOTHIELF DO BRASIL

 

 

INDUSTRIA DE POSTES INDAIAL LTDA

 

 

KARSTEN S/A

 

 

KSB BOMBAS HIDRAULICAS S/A

 

 

LAVORO FACTORING LTDA

 

 

MICROSUL SERVICOS EQUIPAMENTOS

 

 

PANDURATA ALIM LTDA

 

 

POLIMARCAS AGENCIA DE VENDA E DISTRIBUIDORA LTDA

 

 

PROT-CAP ARTI P/ PROTEÇÃO INDL LTDA

 

 

ROJEMAC IMP EXP LTDA

 

 

SEARA ALIMENTOS S/A

 

 

SERRA LESTE IND. E COMERCIO IMPORTAÇÃO E EXPORTAÇÃO LTD

 

 

WALTEC ELETRO ELETRÔNICA LTDA

 

 

WARNER LAMBERT

 

 

WEG INDUSTRIAS S/A

 

 

WHEATON DO BRASIL SA

 

 

 

PAYMENT HISTORY:

 

14 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 1.998.253,00

 

AMOUNT OF INVOICES PAID: 67

TOTAL OF PROMPT PAYMENTS: 71,3%

TOTAL OF DELAYED PAYMENTS: 28,7%

 

HIGHEST INVOICE: R$ 561.940,00

HIGHEST CREDIT: R$ 561.940,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 30 DAYS:

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

2

R$ 60.973,50

 

 

FINAL OPINION

 

THE SUBJECT IS A WELL-ESTABLISHED AND LARGE-SIZED COMPANY IN BUSINESS SINCE 1998. IT HAS A GROWING SCALE OF ACTIVITIES AND A HUGE FINANCIAL POWER.

 

BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN THE SUBJECT'S NEEDS AS IT HAS A HUGE FINANCIAL POWER.

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.34

UK Pound

1

Rs.86.45

Euro

1

Rs.68.43

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.