TORONTO — Rx Drug Mart announced on Wednesday that it has acquired Forewest Holdings , an operator of 35 pharmacy locations in British Columbia and Alberta, further strengthening its presence in Western Canada. This latest acquisition establishes Rx Drug Mart as the largest and fastest growing independent pharmacy network in Canada, with a total of 131 pharmacies and 1,600 employees.
TORONTO — Rx Drug Mart has been named the fastest growing company in The Globe and Mail’s 2020 second-annual ranking of Canada’s Top Growing Companies. Rx Drug Mart is a leading Canadian operator of independent pharmacies from coast-to-coast with over 96 pharmacies serving patients and customers in seven provinces and one territory. The company operates primarily
MONTREAL — Startup Canadian drug chain Rx Drug Mart Inc. has obtained financing to fuel its growth strategy. BDC Capital said Monday that it has closed a $10 million minority equity investment in Toronto-based Rx Drug Mart (RxDM), alongside Persistence Capital Partners (PCP) and RxDM’s other existing shareholders. The equity investment finances RxDM’s acquisition of
ST. LAURENT, Quebec — McKesson Corp. is selling 27 Rexall drug stores to Rx Drug Mart under a consent agreement with the Competition Bureau of Canada for its $2.2 billion (Canadian) acquisition of Rexall Health. The Competition Bureau said last month that it has approved Rx Drug Mart, a Toronto-based independent pharmacy network, as the
OTTAWA — McKesson Corp. is selling 27 Rexall drug stores to Rx Drug Mart Inc. under a consent agreement with the Competition Bureau of Canada for its $2.2 billion acquisition of Rexall Health. The Competition Bureau said Friday that it has approved Rx Drug Mart, a Toronto-based independent pharmacy network, as the buyer of the
