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Sweden: Company divests entire stake in pharmacy chain

By  |  April 8, 2013

Private equity firm Segulah has announced it is looking to sell its complete stake in Medstop Group Holding AB, whose pharmacy chain holds a 7.5 percent share of the Swedish pharmacy market, to Oriola-KD Holdings Sverige AB. The deal will result in Oriola’s possession of about 300 pharmacies around the nation, increasing its stake in the market from 14 percent to about 21 percent. Segulah originally acquired its 100 percent stake in the Medstop pharmacy chain as part of the privatization of Apoteket AB, a former pharmacy monopoly, in February 2010.

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