Apoteksgruppen sold to Euroapotheca

Lithuania’s Euroapotheca, which owns around 450 pharmacies in the Baltics, Ukraine and Poland, has signed an agreement with the Swedish government to buy Apoteksgruppen i Sverige Holding (AGHAB) for SEK 1.7 billion.

AGHAB provides franchise and management to 189 pharmacies operating under the Apoteksgruppen brand and will buy out 159 of the 189 pharmacies.

Swedish Enterprise Minister Mikael Damberg is pleased with the process and the price.

The deal is subject to approval by the Swedish regulatory authorities.