M&A Deal Summary

Walgreens Boots Alliance Acquires 12 Eaton apothecary pharmacies

On January 29, 2010, Walgreens Boots Alliance acquired retailer 12 Eaton apothecary pharmacies

Acquisition Highlights
  • This is Walgreens Boots Alliance’s 3rd transaction in the Retail sector.
  • This is Walgreens Boots Alliance’s 10th transaction in the United States.
  • This is Walgreens Boots Alliance’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2010-01-29
Target 12 Eaton apothecary pharmacies
Sector Retail
Buyer(s) Walgreens Boots Alliance
Deal Type Add-on Acquisition
Advisor(s) Newbury Piret & Co., Inc. (Financial)

Target

12 Eaton apothecary pharmacies

Boston, Massachusetts, United States
Apothecary Pharmacies operate as community pharmacies.

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Buyer(S) 1

Buyer

Walgreens Boots Alliance

Deerfield, Illinois, United States

Category Company
Founded 1909
Sector Retail
Employees206,000
Revenue 139.1B USD (2023)
DESCRIPTION
Entrance to Walgreen's corporate headquarters in Deerfield, Illinois.
Entrance to Walgreen's corporate headquarters in Deerfield, Illinois.

Walgreens Boots Alliance is a multichannel retailer of consumer goods and services focused on health and wellness services and advice. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility and mail service, along with online and mobile services. Walgreens Boots Alliance was founded in 1909 and is based in Deerfield, Illinois.


DEAL STATS #
Overall 10 of 24
Sector (Retail) 3 of 7
Type (Add-on Acquisition) 9 of 16
State (Massachusetts) 1 of 2
Country (United States) 10 of 22
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-16 Waipahu Town Pharmacy

Waipahu, Hawaii, United States

Waipahu Town Pharmacy is a retail pharmacy engaged in the sale of prescription drugs, as well as over-the-counter medications and health related items such as wheelchairs, walkers, and commodes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-09 Duane Reade

New York, New York, United States

Duane Reade, Inc. is a chain of pharmacy and convenience stores.

Buy $1.1B