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Tag: Marc Owen

LloydsPharmacy to acquire Sainsbury’s pharmacy business for £125m

LONDON, 2015-7-31 — /EPR Retail News/ — J Sainsbury Plc (Sainsbury’s) and Celesio AG, owner of Lloyds Pharmacy Ltd (LloydsPharmacy), today announce the formation of a strategic partnership that will see LloydsPharmacy acquire Sainsbury’s pharmacy business for £125m. In addition, Sainsbury’s will receive commercial annual rent payments from LloydsPharmacy for each location. Sainsbury’s and LloydsPharmacy customers…

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