Dis-Chem makes acquisitions to expand, develop business

21 December 2020 - 08:46 By Reuters
Dis-Chem Pharmacies said on Monday it had signed several deals to expand its presence and develop its business
Dis-Chem Pharmacies said on Monday it had signed several deals to expand its presence and develop its business
Image: FREDDY MAVUNDA/ File photo

Drug-store chain Dis-Chem Pharmacies said on Monday it had signed several deals to expand its presence and develop its business, including the acquisition of healthcare group Medicare Health for 282 million rand ($19.13 million).

The company said it would also buy an 87.5% stake in clinical management software firm Healthforce and a 25% stake in healthcare solutions provider Kaelo Holdings.