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New Deal


Announced

Calgary Co-op to acquire Care Pharmacies.

Financials

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

Tags

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retail shopping hub

Acquisition

patient care

pharmacy

Domestic

Majority

Canada

Private

Pending

Friendly

Single Bidder

Drug Retailers

Synopsis

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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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