PDT act on rapid expansion of Pharmacy group fast becoming one to watch in the sector
Published: 23 February 2023
PDT are really pleased to have acted for Sree Sai Ltd on the acquisition of Peter Morgan Pharmacy in Wales. This will be the third pharmacy purchase in 18 months for the group, as they seek to rapidly expand their presence in the sector across the UK.
The pharmacy based in Wales was acquired from a sole trader, together with the freehold property. We were instructed to deal with all corporate and property related matters, and we were also instructed on a dual representation basis by our client’s funder Barclays.
On the deal Holly Goacher said “With another acquisition Mehul Panchal of Sree Sai Ltd is fast becoming one to watch in the sector. Congratulations, and we look forward to the next deal!”.
PDT Solicitors are recognised as leading legal advisers in the pharmacy and healthcare sector and offer an integrated, one stop approach for numerous contractors and pharmacy operators, from single shop owners to independent multiples, throughout the UK.
We work with clients on everything from a first acquisition or retirement sale, to group development and expansion and we regularly find ourselves recommended by the key agents, funders and accountants who operate in the healthcare sector. For more information on how we can help please contact James Clewlow, Holly Goacher or Oliver Parsons.
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