Malouf Pharmacies Group has announced it will be joining the Ramsay Health Care pharmacy franchise network
Ramsay Health Care and Malouf Group have announced that Malouf Pharmacies will be added to the Ramsay pharmacy franchise network, after regulatory approval was received recently for Ramsay franchisees to acquire the Malouf Pharmacies.
The deal is expected to be finalised in early December 2017.
Malouf’s is one of Australia’s leading pharmacy brands and is the largest privately owned pharmacy group in Queensland, employing more than 450 staff.
Ramsay Health Care is the largest private hospital operator in Australia with 73 facilities located throughout the country.
The Ramsay Pharmacy Franchise Network is on track to include 55 retail pharmacies once current contracts are completed.
More on this story in tomorrow’s edition of AJP Daily.