Pharmacy group doubles in size after £3m acquisition
A West Midlands pharmaceutical business has expanded after securing a new funding deal advised out of the Black Country.
The Raylane Group, which was established in 1991, is a community pharmacy chain based in the West Midlands with five branches and 20 staff.
The business has completed a £3m share purchase of Gary Barber Pharmacies, which operates from three branches in Cheltenham.
As a result of the acquisition, total staff numbers will double and the business will manage around 70,000 prescriptions per month.
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