Leicester-based pharmacy group Mr Pickford’s Pharmacies is set to acquire two other community pharmacy businesses in a deal worth more than £14m.
The buy-out will see JM McGill Pharmacies and D&R Sharp Pharmacies, which between them have 14 sites in South Yorkshire, become part of the Mr Pickford’s group.
It will create one of the 30 largest independent pharmacy groups in the UK, with a total of 21 community pharmacy branches.
Mark Stephenson, CEO of Mr Pickford’s Pharmacies, said the acquisitions were part of the business’s growth plan.
‘We believe our proposition of employing the best people in pharmacy mixed with market leading technology and clinical excellence results in a brilliant proposition for our patients, staff and stakeholders,’ he said.
JM McGill has eight pharmacy branches in Doncaster, and one each in Barnsley, Mexborough and Rotherham. D&R Sharp’s three branches are also in Doncaster.
Mr Pickford’s secured an £8m injection from specialist investment firm Connection Capital to support the expansion. The group has appointed Anthony Roberts, former global CIO of Walgreens Boots Alliance, as a non-executive director.