April 7 (SeeNews) - Bulgarian drug trader Sopharma Trading [BUL:SFT] said on Wednesday that it has launched the rebranding of the recently-acquired pharmacies from the Ceiba and Sanita chains, which will adopt the physical appearance of the SOpharmacy brand.
The process is expected to take several months, Sopharma Trading said in a statement.
In addition, the three chains have started joint activities as of April. The SOpharmacy and Sanita online stores have also been successfully merged.
The three chains comprise a total of 209 pharmacies across 46 cities in Bulgaria. Sopharma Trading completed the acquisition of the 150 Ceiba and Sanita pharmacies in October 2020.
As at 11:45 CET on Wednesday, shares in Sopharma Trading traded 1.79% higher at 5.70 levs ($3.5/2.9 euro) on the Bulgarian Stock Exchange.
Sopharma Trading is a unit of drug maker Sopharma [BUL:SFA].
(1 euro = 1.95583 levs)