Instituto Hermes Pardini S.A. (BOVESPA:PARD3) is looking for acquisitions. Camilo de Lelis Maciel Silva, Member of Executive Board, Chief Administrative & Financial Officer and Investor Relations Officer said, "outlook for growth through acquisitions is still great. We've always focused on acquisitions, both for the Lab-to-Lab segment and the PSC segment.

Of course, at different points in time, we see different trends and we analyze them internally to decide how we're going to allocate our resources. We're analyzing different possibilities on our pipeline. And maybe even during the first quarter, we could be completing 2 or 3 new acquisitions.

We work with a discounted cash flow. So of course, we take into account multipliers".