M&A Deal Summary

Walgreens Boots Alliance Acquires Kerr Drug

On November 8, 2013, Walgreens Boots Alliance acquired retailer Kerr Drug

Acquisition Highlights
  • This is Walgreens Boots Alliance’s 7th transaction in the Retail sector.
  • This is Walgreens Boots Alliance’s 19th transaction in the United States.
  • This is Walgreens Boots Alliance’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2013-11-08
Target Kerr Drug
Sector Retail
Buyer(s) Walgreens Boots Alliance
Deal Type Add-on Acquisition

Target

Kerr Drug

Raleigh, North Carolina, United States
Kerr Drug is a provider of pharmacy and related health care services in North and South Carolina.Kerr Drug is recognized and respected names in the chain drug industry. With its roots in the Carolinas and headquarters in Raleigh, N.C., Kerr Drug’s strategic direction is founded in its unique ability to provide patients, the medical community and health plans access to the most comprehensive and convenient health and wellness offering in the industry.

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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 20 of 24
Sector (Retail) 7 of 7
Type (Add-on Acquisition) 15 of 16
State (North Carolina) 1 of 1
Country (United States) 19 of 22
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-31 Wright & Filippis - Enteral Supply Business

United States

Wright & Filippis - Enteral Supply Business is distributes enteral nutritional supplies, including nutritional formula, feeding tubes, enteral pumps and pump sets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-20 Option Care

Buffalo Grove, Illinois, United States

Option Care Enterprises, Inc. is a provider of home and alternate treatment site infusion services. Holding accreditations from industry quality organizations ACHC, PCAB, ASHP and URAC,* the company draws on nearly 40 years of clinical care experience to offer patient-centered therapy management. Option Care’s signature Home Infusion Plus services include the clinical management of infusion medicines, nursing support and care coordination. Option Care’s multidisciplinary team of more than 1,800 clinicians – including pharmacists, nurses and dietitians – are able to provide home infusion service coverage for nearly all patients across the United States needing treatment for complex and chronic conditions.

Sell -
Mergr

Product

Company

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