Colruyt and Korys completed the acquisition of a 36% stake in Newpharma.

Colruyt, a Belgian family owned retail corporation, and Korys, an investment company of the Colruyt family, completed the acquisition of a 36% stake in Newpharma, a Belgian online pharmacy. Colruyt family now owns 100%, 61% through the colryut group and 39% through their investment vehicle.Financial terms were not disclosed. The investment fits in Colruyt Group’s ambition to respond to the consumer’s needs in the different stages of his life cycle and with the group’s continuous investments in health.