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
MONTREAL — Shareholders of Uniprix Group have given the green light for the Quebec drug chain to be acquired by McKesson Canada. Uniprix said late Tuesday that at a meeting in Drummondville, Quebec, 95% of Uniprix shareholders approved McKesson Canada’s bid to acquire all outstanding shares of Uniprix. McKesson Canada unveiled the deal to buy
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
