Fournier Drugs

Amenity Health Care L.P. has acquired Fournier Drugs Ltd.

Industry:

Health Care

Amenity Health Care L.P. has acquired Fournier Drugs Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Fournier Drugs Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction has allowed the shareholder of Fournier Drugs Ltd. ("Fournier Drugs") to implement his succession strategy while ensuring the continued growth and success of the business.

Fournier Drugs operates as a Guardian pharmacy located in the Shoppers Park Mall in Grande Cache, Alberta. The pharmacy provides an assortment of services including dispensing services, medical consultations and over-the-counter medication, along with a variety of retail products. Over its 27-year history, Fournier Drugs has established long-standing relationships with its customers and built a strong reputation in the local community.

Amenity Health Care L.P. (“Amenity”) is a network of pharmacies and health care clinics that currently has 27 locations throughout Manitoba, Saskatchewan and Alberta. Amenity’s mission is to provide patients with integrated health and wellness services close to home and work. Amenity's services are based on bringing together a multidisciplinary health team in support of servicing the patients’ health needs in a timely manner. The company is actively looking to expand its already growing operations.