We're expanding our community pharmacy network across the Channel Islands
We're expanding our community pharmacy business with the purchase of four stores in Jersey and three in Guernsey from Lloyds Pharmacy, marking a significant milestone in our expansion within the pharmacy sector.
The acquisition will encompass The Parade, Red Houses, Quennevais, and Gorey Village in Jersey and St Sampson's, L'Aumone, and Longfrie in Guernsey.
This will provide Members and customers across the Channel Islands with greater access to our pharmacy services. As part of the move, we'll be offering roles to all existing Lloyds colleagues, ensuring a smooth transition and maintaining the high level of service that both businesses are known for.
Mark Cox, CEO at CI Coop, said, "This is a unique opportunity to further develop the Coop’s pharmacy business through purchasing seven of Lloyds stores. We look forward to welcoming new and existing members and customers to our expanded pharmacy network and are thrilled to welcome their team into the Channel Islands Coop family.”
Sara Kynicos, Head of Care at CI Coop, said: "This acquisition presents an excellent opportunity for us, underscoring our commitment to the growth and development of our pharmacy business, as well as our continued support for the essential pharmacy sector within the local community."
We're now working closely with the Lloyds Pharmacy team to finalise the sale and plan the transition, with the anticipated completion set for mid November 2023, subject to the approval of the Jersey and Guernsey competition and regulatory authorities.
We look forward to welcoming you in store soon.