Stepps Pharmacy added to M&D Green portfolio

Consumer

M&D Green, a Scottish pharmacy firm previously owned by Ron Badger, has added Stepps Pharmacy to its portfolio, bringing its total number of locations to 30.

By virtue of a private sales procedure, Stepps Pharmacy was acquired by M&D Green Dispensing Chemists for an unknown fee.

“By virtue of a private sales procedure, Stepps Pharmacy was acquired by M&D Green Dispensing Chemists for an unknown fee“

The company was purchased by Mr Badger two years ago. He explained his reasoning behind the sale, defined as a time “to look at other pharmacy opportunities”. He was “delighted to pass the business over to the M&D Green pharmacy group, leaving it in safe hands for the future”.

MD at M&D Green Dispensing Chemists, Martin Green, explained that “Since its relocation, [Stepps Pharmacy] has been well set up by Ron and benefits from an experienced and committed team.

Christie & Co Director, Karl Clezy added that “This was a quick sale process. After only a couple of weeks, we received three offers from experienced operators. Our client, Mr Badger, acquired the pharmacy through us 18 months previous and relocated it to the bigger former bank premises. He grew the business significantly, helped by installing a dispensing robot and a 24/7 collection point on the outside to help make it more convenient for patients to pick up their prescriptions.”

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