Dec 10, 2023 · After months of speculation, the retail pharmacy juggernaut that is Chemist Warehouse will merge with Sigma Healthcare to create the biggest ...
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Who owns Chemist Warehouse?
Jack Gance (pictured) started the Chemist Warehouse pharmacy business with Mario Verrocchi in 1995 with five pharmacies. Today it has annual revenue of more than A$3 billion and over 600 outlets across Australia, New Zealand, China and Ireland.
Are Chemist Warehouse and discount chemist the same?
The Chemist Warehouse chain was founded by Mario Verrocchi ('Verrocchi') who owns a significant number of the stores. Discount Chemist Outlet ('DCO') is another discount retail chemist chain which has been in direct competition with Chemist Warehouse for over eight years.
Who has Chemist Warehouse merged with?
Sigma is set to acquire all the shares in Chemist Warehouse in exchange for Sigma shares and a $700 million cash consideration. Upon completion of the proposed merger, Chemist Warehouse shareholders will hold 85.75 per cent of the ASX listed merged entity while Sigma shareholders will hold 14.25 per cent.
Is a chemist and pharmacy the same?
In the pharmaceutical industry, chemists develop combinations of compounds that can have medicinal value (in contrast, pharmacists mainly focus with safe and correct dosages of the compound).
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Mar 27, 2023 · I'm happy to pay 40c to not go to Chemist Warehouse. If I go to my local pharmacy I pay over $14 for the same product.
Mar 8, 2024 · Chemist Warehouse and Sigma both operate in the pharmacy supply chain, including as wholesalers, distributors and franchisors for a large number ...
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