Aurelius has successfully closed the acquisition of McKesson UK, the parent company of a number of market leading healthcare businesses including LloydsPharmacy, John Bell & Croyden and AAH Pharmaceuticals.
This deal marks the fifth completed transaction in less than a year under Aurelius’ co-investment structure.
McKesson UK comprises four divisions and holds a substantial market share across each vertical: retail, digital, homecare and wholesale. McKesson UK’s success has been underpinned by its strong LloydsPharmacy brand, its loyal customer base and its leading commercial footprint across wholesale pharmaceuticals. Over recent years, the company has benefited from the introduction of additional services delivered across its more than 1,300 pharmacies, a growing digital offering and the ability to support the increasing trend of primary care being delivered to patients in their home.
Aurelius will ensure a smooth transition as McKesson UK separates from its former US-based parent company, McKesson Corporation. Furthermore, Aurelius will seek to leverage McKesson UK’s established market positions to maximise the opportunities available within each division.
