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Announced

Completed

Bestway-backed Well Pharmacy completed the acquisition of Lexon.

Financials

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

Sources

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Single Bidder

Friendly

pharmaceutical wholesaler

Completed

Pharmaceuticals

Domestic

Private

United Kingdom

Acquisition

Majority

Synopsis

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Bestway-backed Well Pharmacy, a pharmacy business, completed the acquisition of Lexon, a family-owned pharmaceutical wholesaler. Financial terms were not disclosed. “We’re delighted to be welcoming the 1.2k strong team at Lexon and Asurex to Well and the broader Bestway family, and are excited at the chance to grow our business to support even more customers and patients than ever before," Seb Hobbs, Well Pharmacy CEO.

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