Euroapotheca acquires 156 privately owned Apoteksgruppen outlets, completing its acquisition of Apoteksgruppen’s pharmacy network
March 2, 2018
On March 1, Euroapotheca UAB, which owns and manages pharmacy chains in the Baltics, Central and Eastern Europe, acquired 156 privately owned Apoteksgruppen pharmacies. Since February 8 this year, Euroapotheca has also owned Apoteksgruppen i Sverige Holding AB (AGHAB), which supports and co-ordinates Apoteksgruppen’s 189 pharmacies. With yesterday’s acquisition, Euroapotheca has completed its takeover of the Apoteksgruppen pharmacy network. Euroapotheca will continue to support and provide services to the 30 franchise pharmacies that trade under the Apoteksgruppen brand.
“We’re delighted that we’ve completed the acquisition of AGHAB and 156 of Apoteksgruppen’s privately owned pharmacies. From today, we can operate on the Swedish market to full effect. I look forward to creating a cohesive pharmacy chain together with AGHAB staff, and continue to benefit from the best pharmacy franchise structure operating under the Apoteksgruppen brand,” says Raimonda Kižienė, chairman of Euroapotheca and Apoteksgruppen.
Tony Johansson, Apoteksgruppen CEO, adds: “We’re well prepared for this acquisition, and look forward to leading a unique chain of pharmacies in Sweden, with wholly-owned and franchise pharmacies.”
Euroapotheca is a pharmacy group that runs a network of pharmacies and drug wholesalers in Lithuania, Latvia, Estonia, Poland, Sweden and the Ukraine. Euroapotheca comprises 643 pharmacies in six countries and has some 3,800 employees. Euroapotheca manages the Eurovaistinė pharmacy network (270 pharmacies) in Lithuania, Apoteksgruppen (189 pharmacies) in Sweden, Euro-Apteka (83 pharmacies) in Poland, Euroaptieka (52 pharmacies) in Latvia, Euroapteek (45 pharmacies) in Estonia, and Euroapteka (four pharmacies) in the Ukraine.
Euroapotheca is part of Vilniaus Prekyba, one of the largest retail groups in the Baltics and Central and Eastern Europe.