Announced
Financials
Tags
retail shopping hub
Acquisition
patient care
pharmacy
Domestic
Majority
Canada
Private
Pending
Friendly
Single Bidder
Drug Retailers
Synopsis
Calgary Co-op, a retail co-operative, agreed to acquire Care Pharmacies, group of independent Canadian retail pharmacies. Financial terms were not disclosed. "We saw a strong alignment of values between Care Pharmacies and Calgary Co-op. As hubs within our communities, we know that Care Pharmacies will continue to be strong beacons of trust and service for Canadians and their health and wellness. We have found a great partner in Calgary Co-op and we look forward to continuing to grow our business across Canada," Ali Reyhany, Care Pharmacies CEO.
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