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Regional chain acquires 10th pharmacy with acquisition in Worcestershire
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Regional pharmacy chain Raylane Ltd has taken its portfolio of branches to 10 after buying Evans Pharmacy in Worcestershire.
Raylane Ltd, which operates in the West Midlands, Worcestershire, Gloucestershire and Staffordshire, acquired the pharmacy after the previous owner Philip Hawkes, who owned it for 10 years, decided to retire.
Christie and Co, who brokered the deal for an undisclosed price, said the pharmacy, which is in the centre of Malvern Link in Worcestershire, dispenses about 10,000 items a month.
Carl Steer, director-pharmacy at Christie and Co, said: “The sale represents a perfect addition to an already successful group for Raylane Ltd.
“The instruction proved popular, and the completion represents another sale for Christie and Co in a record year for pharmacy sales.”