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Dec 01, 2017 16:59 EEST
SOFIA (Bulgaria), December 1 (SeeNews) – Bulgarian drug distributor and retailer Sopharma Trading [BUL:SO5] said on Friday it has finalised the acquisition of local pharmacy chain PharmaStore.
Sopharma Trading has acquired all 19 pharmacies, located in Sofia and the city of Burgas, forming the PharmaStore chain, Sopharma Trading said in a bourse filing.
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In the following months the pharmacies will be integrated into Sopharma Trading’s SOpharmacy brand.
Last month, the Commission for Protection of Competition approved the deal following an in-depth probe into the acquisition, launched in June due to suspicion it could lead to distortion of competition.
Sopharma Trading is a unit of Bulgarian drug maker Sopharma [BUL:3JR].
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