SAINT-LAURENT, Quebec — Alain Arel has been named president of Uniprix and Proxim, both of which are owned by McKesson Canada. The acquisition of 330-store Uniprix by McKesson Canada was completed this month. Proxim, with over 2,000 pharmacies, including more than 275 in Quebec, represents the largest network of independent pharmacist-owners in Canada. Arel will
ST. LAURENT, Quebec — McKesson Corp., through its McKesson Canada subsidiary, has finalized its acquisition of Quebec drug chain Uniprix. Financial terms of the agreement weren’t disclosed. Also on Wednesday, McKesson Canada appointed Proxim president Alain Arel as president of Uniprix and Proxim, effective immediately. Philippe Duval, president and CEO of Uniprix, will continue in
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
Members of McKesson Corp.’s senior management know what it takes to be a major player in the global health care marketplace, and they are moving decisively to ensure that going forward the company remains a dominant force in the sector. McKesson in recent years has made a number of strategic acquisitions that deepen and extend
SAN FRANCISCO — Members of McKesson Corp.’s senior management know what it takes to be a major player in the global health care marketplace, and they are moving decisively to ensure that going forward the company remains a dominant force in the sector. McKesson in recent years has made a number of strategic acquisitions that
ST. LAURENT, Quebec — McKesson Canada has agreed to purchase 380-store suburban Montreal-based Uniprix. Terms of the deal, which will lift McKesson Canada’s store count over the 2,500 mark, were not disclosed. The acquisition is a natural step for two companies with deep roots in Quebec that have a long history of working together to
ST. LAURENT, Quebec — McKesson Canada has reached an agreement to buy Quebec drug chain Uniprix. Financial terms of the deal weren’t disclosed. The companies said Wednesday that, under the agreement, McKesson Canada would acquire all outstanding shares of Uniprix, pending approval by shareholders and the Competition Bureau of Canada, as well as other closing conditions.
ST. LEONARD, Quebec — As a drug store customer, Philippe Duval, president and chief executive officer of Uniprix Group, was always surprised by how little the trade class had changed for decades. “The reason I came out of retirement in February to head up the Uniprix Group was the fact that there were so many
MONTREAL — Quebec drug chain Uniprix Group has named Philippe Duval president and chief executive officer. Duval succeeds longtime Uniprix CEO François Castonguay, who had announced in late August that he would be stepping down for health reasons. His departure was effective January 31. Before joining the Uniprix Group, Duval was general manager of the
