Falher Pharmacy Ltd.

Eudaimonia Rx has acquired Falher Pharmacy Ltd. (o/a Falher I.D.A. Pharmacy and McLennan I.D.A. Pharmacy)

Industry:

Health Care

Eudaimonia Rx has acquired Falher Pharmacy Ltd. (o/a Falher I.D.A. Pharmacy and McLennan I.D.A. Pharmacy). MNP Corporate Finance Inc. acted as exclusive financial advisor to Falher Pharmacy Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction allows the shareholders of Falher Pharmacy Ltd. to implement their succession strategy while ensuring the continued growth and success of their business.

Falher Pharmacy Ltd. includes two pharmacies located in the Peace Country region of northern Alberta. The pharmacies are established small town clinics which have been pillars in the local communities for decades.

The owners of Falher Pharmacy Ltd. strived to strengthen the community through providing additional services. Both locations have a larger-than-average front store footprint, offering various retail and home healthcare items. The larger front store footprints allow the pharmacies to provide services to customers that include a flower shop, photo processing and home health care services.

Eudaimonia Rx is an owner-operated chain of pharmacies with locations in Grande Prairie and Valleyview, Alberta. With a proven business model and strong customer experiences in their current pharmacies, they are earnest in adding more pharmacies to their portfolio.