#PSC10YearsTrading One of the biggest news stories in the sector during our fourth year of trading was the acquisition of 782 Co-Operative Pharmacy branches by the Bestway Group for a reported £620m. The group was re-branded as Well during the following year. This was the first sale of a non-wholesaler owned pharmacy chain for many [...]
#PSC10YearsTrading By our third year of trading, it seemed like some sort of stability was returning to the sector. The 2012/13 NHS Market Entry Regulations were starting to ‘bed in’ and we were embracing the various changes resulting in many successful applications on behalf of clients. The last few remaining new 100-hour pharmacies were opening [...]
#PSC10YearsTrading The big news in the sector in 2012/13 was a change in the NHS Market Entry regulations for England. Whilst not everyone might have been as excited as us, these changes impacted on every pharmacy in the country in one way or another. The most notable change was the removal of the 100-hour exemption [...]
#PSC10YearsTrading After many years working in the pharmacy sector for large multiple companies, Martin and Kevin founded Pharmacy Advice and Consultancy Services (PACS) in August 2011 and started trading in October that year. We started small, with our first piece of paid work being a pharmacy valuation for a long-standing contact in the West Country. [...]
Acting on behalf of an independent contractor we have just completed a relocation of a pharmacy from within a GP surgery to a nearby retail unit. The surgery is being extended and modernised and the GP’s have temporarily moved out. Our client is unable to trade whilst the works are taking place but he now [...]
We're delighted to announce another completion ✅ We successfully negotiated the purchase of an established pharmacy in North Essex, from a large multiple on behalf of established clients. We completed on 1st October and the branch fits perfectly with the clients existing portfolio.
We are pleased to announce the completed sale of a multiple owned pharmacy on the south coast to a local pharmacist who, having worked within his family’s business, has now acquired his first three pharmacies within the last year. As is often the case, the sellers had a very fixed process that the buyer was [...]
Acting on the instructions of a local small independent group, PSC has completed the sale of a small business in an attractive part of south London on the Kent / Surrey border. The purchaser already has pharmacies located some distance away but identified this as an area of interest as he had a colleague nearby [...]
We are delighted to announce the successful sale of our clients’ 100-hour health-centre pharmacy in South Yorkshire. This was a lengthy transaction, requiring the drafting of a new lease and agreement on various changes to the premises but, thanks to patient vendors and purchasers and the use of experienced pharmacy solicitors, the sale has now [...]
Acting on behalf of four different shareholders, including Boots and Tesco, we have successfully brokered the sale of a health-centre based consortium pharmacy in Exmouth, Devon, to a small pharmacy group based in Bedfordshire. This was a complex transaction which first required securing a new lease from the GP landlords then assisting the vendors [...]
