PSC have been instructed by one of the major multiple chains to assist with portfolio issues arising from businesses where they have part shareholdings in various pharmacy companies throughout the UK.
One of those was a health centre pharmacy located in Suffolk.
After initial discussion with the other shareholders, PSC’s recommended course of action was to offer the business on the open market to achieve the best financial outcome for our clients and the other shareholders.
The pharmacy was subsequently marketed by PSC and we very swiftly secured a sale to a local multiple operator.
Solicitors were instructed and completion of the transaction took place early in December last year.