Thursday 27 October 2016

Lloyds considering McCauley takeover

Published 14/09/2015 | 02:30

Lloyds Pharmacy, the largest pharmacy chain in the country, is considering a takeover of rival group Sam McCauley.

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Lloyds, which is owned by US drugs distribution firm McKeeson, has more than 100 outlets across Ireland and is looking to boost that number to 150. Wexford-based McCauley's has 28 chemists as well as an online business. The Sunday Times yesterday reported that talks between the two companies are at an advanced stage.

A spokesman for Lloyds said that the firm "does not comment on speculation".

Irish Independent

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