B&S Group acquired a 70% stake in Lagaay Medical Group.

B&S Group, a diversified distributor, acquired a 70% stake in Lagaay Medical Group, which operates pharmacies that offer medicines and medical supplies for marine and offshore sectors. Financial terms were not disclosed. Bert Meulman, CEO of B&S Group; "Lagaay and B&S Group have similar strategies and serve identical markets. As a single source supplier of medical and pharmaceutical products in niches, Lagaay has built a strong reputation internationally. Adding their knowledge and specialised product category to our current offering in maritime and remote operations, complements our specialty distribution model within the B&S segment."