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Announced

Completed

Uniphar completed the acquisition of Hickey's for £53m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Majority

Domestic

Drug Retailers

Ireland

Single Bidder

Completed

pharmacy chain

Acquisition

Synopsis

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Uniphar, a pharmaceuticals group, completed the acquisition of Hickey's Pharmacy, a chain of pharmacies in Ireland, for £53m ($71m). "On behalf of the management team, I would like to take this opportunity to thank all colleagues right across the business for their flexibility, resilience and commitment to looking after our customers and patients throughout the Covid-19 crisis. This is due in no small part to the talent and commitment of our teams. Challenging though the future is, I feel confident that all our retail pharmacy brands will go from strength to strength and continue to deliver to our customers with care and excellence," Dermot Ryan, Uniphar Managing Director.

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