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  6. Rx Drug Mart Acquires Forewest Holdings

M&A Deal Summary

Rx Drug Mart Acquires Forewest Holdings

On October 28, 2020, Rx Drug Mart acquired retailer Forewest Holdings

Acquisition Highlights
  • This is Rx Drug Mart’s 1st transaction in the Retail sector.
  • This is Rx Drug Mart’s 1st transaction in Canada.
  • This is Rx Drug Mart’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2020-10-28
Target Forewest Holdings
Sector Retail
Buyer(s) Rx Drug Mart
Deal Type Add-on Acquisition

Target

Forewest Holdings

Langley City, British Columbia, Canada
Founded in 1995, Forewest Holdings is an operator of 35 pharmacy locations in British Columbia and Alberta, further strengthening its presence in Western Canada.

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Buyer(S) 1

Buyer

Rx Drug Mart

Toronto, Ontario, Canada
Category Company
Founded 2015
Sector Life Science
DESCRIPTION

Rx Drug Mart is an operator of independent pharmacy networks with more than 96 pharmacies across the country, Rx Drug Mart is a healthcare provider committed to servicing the healthcare needs of their patients and customers across the country. Rx Drug Mart was founded in 2015 and is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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