Online chemist secures multi-million-pound investment
Leeds-headquartered Pharmacy2U, Britain’s biggest online pharmacy, has raised £40m from investors including G Square Capital and the BGF.
The firm will use the money to fund the growth of its online repeat prescription service, as it tries to bring the same online disruption which has shaken the retail industry to the pharmacy sector.
Former Boots manager Ted Smith and G Square partner will join the board as non-executive chairman as part of the deal, after the departure of former HBOS banker and investor Andy Hornby.
G ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
