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Article: Sweden sells pharmacies for SEK5.9bn.

Article from:
Nordic Business Report
Article date:
November 9, 2009
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NORDIC BUSINESS REPORT-9 November 2009-Sweden sells pharmacies for SEK5.9bn(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

9 November 2009 - Four companies have agreed to buy for a combined SEK5.9bn all drug stores offered for sale as part of the restructuring of Swedish stated-owned pharmacy monopoly Apoteket AB, the manager of the process said today.

Apotek Hjartat, owned by private equity company Altor, has acquired 208 pharmacies, with annual sales of SEK7.1bn and 1,500 employees.

Kronans Droghandel Retail AB, owned by Finnish drugs distribution and trading company Oriola-KD Oyj (HEL: OKDBV) and Swedish retail organisation ...

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