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PHOENIX Pharma/Drummullan

M/23/056

Completed

Transaction details

The proposed acquisition by LloydsPharmacy Ireland Limited (LloydsPharmacy), which is ultimately controlled by PHOENIX Pharma SE (PHOENIX Group), of McCabes Pharmacy (McCabes).
Case details
  • Notification date:24 October 2023
  • Publication date:24 October 2023
  • Economic sector:Wholesale & retail trade - G
  • Economic sub-sector:Retail trade - G.47
  • Outcome:Withdrawn
Documents
M.23.056 Merger AnnouncementPDF | 42 KB
Timetable

Phase One

  • Wednesday, 25 October, 2023 Notification received
  • Thursday, 9 November, 2023 Third party submission deadline
  • Tuesday, 5 December, 2023Further information required
  • Tuesday, 16 January, 2024Further information received
  • Monday, 15 April, 2024Declared invalid
Parties Involved

LloydsPharmacy

LloydsPharmacy currently operates 82 retail pharmacies across the State. The PHOENIX Group ultimately controls LloydsPharmacy and also ultimately controls United Drug (Wholesale) Ltd, one of two full-line pharmaceutical wholesalers in the State.

 

McCabes

McCabes comprises a portfolio of 31 retail pharmacies in Ireland, which are primarily located in the Dublin/Leinster region.

Contacts
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