Estonia, Legislation, Lithuania, Markets and Companies, Medicine, Mergers and take-overs
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 03:42
Euroapotheca buys Ulikooli Apteek
BC, Tallinn/Vilnius, 15.03.2018.
Print version
Print versionEuroapotheca, a company of the Vilniaus Prekyba Group controlled by Lithuanian businessman Nerijus Numavicius, has purchased the Estonian pharmacy chain Ulikooli Apteek, informs LETA/BNS.
 |
|---|
Euroapotheca said that its Estonian subsidiary Euroapteek on Wednesday finalized a deal with Finland's Yliopiston Apteekki on the acquisition of 13 Ulikooli Apteek pharmacies.
Euroapteek will integrate the newly-bought pharmacies into its chain and will also provide franchise services to another 11 pharmacies that have until now operated under the name of Ulikooli Apteek.
In a parallel deal finalized on Wednesday, Euroapotheca's wholesale arm in Estonia, Baltfarma, acquired the wholesaler Medapta from Finland's Yliopiston Apteekki.
The group did not disclose the value of either deal.
Vilnius-based Euroapotheca is part of Vilniaus Prekyba, one of Lithuania's biggest business groups.
«The Baltic Course» Is Sold and Stays in Business!
