Chemix Group, an independent contractor, has acquired a high-dispensing Darlington pharmacy, previously owned by Middleton Healthcare Limited for 22 years.
The pharmacy, located in the village of Middleton St George near a GP surgery, dispenses an average of 10,874 items per month, according to Christie and Co,
which brokered the deal.
Middleton Healthcare Limited, a consortium of three GPs, decided to sell the pharmacy as part of their retirement plans, the broker said.
Chemix Group, which also owns a pharmacy in Halifax, secured the acquisition through a confidential sales process with Christie and Co.
Prashanth Takkallapally and Harendra Patel, directors at Chemix Group, shared that, being local to the area, they knew this was the right pharmacy to add to
their expanding group.
“We look forward to growing the business and implementing our plans to improve healthcare in the village,” they said.
Patrick Holmes, the former owner of Middleton Pharmacy, expressed satisfaction with the sale, saying, “We are very happy with the outcome of handing over the
business to new owners and keeping the business local.