Pursuant to decision №1253/30.11.2023 the Commission for Protection of Competition in Bulgaria has permitted concentration through acquisition of 9 Royal Pharmacy outlets by Sopharma Trading AD. The Regulator’s decision comes after the company announced in August this year that it has reached the agreement and arrangement for the acquisition of 9 outlets of Royal Pharmacy chain in Sofia, Pernik, Radomir and Dupnitsa, with the intention of subsequently integrating them into the SOpharmacy family.
This acquisition is in line with the strategic plans of Sopharma Trading to expand nationwide its market presence. As a first step in 2015 the company launched a new pharmacy concept under the brand SOpharmacy that provides an innovative approach in serving the healthcare needs of Bulgarian patients.
At the present SOpharmacy unites over 200 outlets in more than 40 cities, online pharmacy sopharmacy.bg and since early 2023, customers can also benefit from the concept through the SOpharmacy APP mobile application. Now, the acquisition and integration of these nine Royal Pharmacy outlets, will allow SOpharmacy to be even closer to patients in Pernik, Dupnitsa and Radomir, providing them wide range of health products and services.
The official closing of deal is due.