Clareview Drug Mart

Edmonton Pharmacy Group has acquired 752462 Alberta Ltd. o/a Clareview Drug Mart.

Industry:

Health Care

Edmonton Pharmacy Group has acquired 752462 Alberta Ltd. o/a Clareview Drug Mart. MNP Corporate Finance Inc. acted as exclusive financial advisor to Clareview Drug Mart in structuring and negotiating this transaction.

Transaction Brief

This transaction has allowed the shareholder of Clareview Drug Mart (CDM) to implement his succession strategy while ensuring the continued growth and success of the business. 

CDM is an independently owned full-service pharmacy and drug store located in Edmonton, AB. The pharmacy provides clinical services, group home services, compounding, home health care supplies and operates a Canada Post office. Over its 37-year history, CDM has established long-standing relationships with its customers and built a strong reputation in the local community.

Edmonton Pharmacy Group (EPG) is an owner-operated chain of pharmacies with locations in Edmonton, Spruce Grove and Grande Prairie, AB. EPG's mission is to educate and support individual communities on health matters by providing personalized health and wellness services. The company continues to seek growth acquisitions to expand its operations.