Announced
Completed
Financials
Tags
Majority
pharmacy chain
Ireland
Domestic
Private
retail pharmacy
Friendly
Single Bidder
Acquisition
Drug Retailers
Completed
Synopsis
Uniphar, a healthcare business focused on multinational pharmaceutical and med-tech manufacturers, completed the acquisition of McCauley Pharmacy Group, a provider of pharmacy and retail services in Ireland, for €50m. "The acquisition of McCauley further improves our leading position in the Irish retail pharmacy market. McCauley is widely recognised as a leading brand across health, wellbeing, and beauty. Their expertise and advanced digital offering will complement our fast-growing consumer business in the Supply Chain & Retail division. The acquisition will be earnings accretive from completion, with further efficiencies to be delivered in the medium term and will deliver a Return on Capital Employed of 12-15% within three years," Ger Rabbette, Uniphar CEO.
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