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  6. Medicine Shoppe International Acquires Medicap Pharmacies

M&A Deal Summary

Medicine Shoppe International Acquires Medicap Pharmacies

On January 12, 2004, Medicine Shoppe International acquired franchising company Medicap Pharmacies

Acquisition Highlights
  • This is Medicine Shoppe International’s 1st transaction in the Franchising sector.
  • This is Medicine Shoppe International’s 1st transaction in the United States.
  • This is Medicine Shoppe International’s 1st transaction in Missouri.

M&A Deal Summary
Date 2004-01-12
Target Medicap Pharmacies
Sector Franchising
Buyer(s) Medicine Shoppe International
Deal Type Add-on Acquisition

Target

Medicap Pharmacies

Earth City, Missouri, United States
Medicap Pharmacies Inc. is a franchisor of pharmacies with 181 stores in 34 states.

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Buyer(S) 1

Buyer

Medicine Shoppe International

St. Louis, Missouri, United States
Category Company
Founded 1968
Sector Franchising
DESCRIPTION

Medicine Shoppe International, Inc. is a largest pharmaceutical chain in the country, based on the number of stores. The overwhelming majority of Medicap stores are owned by the pharmacist / manager. Each store focuses exclusively on the sale of prescription pharmaceuticals and value-added pharmacist services like patient counseling.

DEAL STATS #
Overall 1 of 1
Sector: Franchising M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
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