WESFARMERS Health has acquired discount chemist group Pharmacy 4 Less, with the acquisition taking effect yesterday.
The Pharmacy 4 Less group supports 53 franchised community pharmacies under the 'Pharmacy 4 Less' brand, and 12 franchised community pharmacies under the 'Your Chemist Shop' brand, with the majority of stores located in Victoria and New South Wales.
The group, which entered into voluntary administration on 29 Apr 2025, also provides services to around 30 independent pharmacies.
API, Wesfarmers Health's pharmacy wholesale business, services the Pharmacy 4 Less group, with the acquisition underpinning the continuation of this long-standing relationship.
Wesfarmers Health Chief Customer Officer, Richard Pearson, said the acquisition would consolidate wholesale volumes within the division while also supporting Pharmacy 4 Less franchise pharmacy owners, the communities they serve, and the staff they employ.
"Wesfarmers Health recognises the uncertainty these franchise partners have experienced over the past months and we are pleased to acquire the business," Pearson said.
"With more stable financial support, we see good growth potential for Pharmacy 4 Less's brands and stores and look forward to working with the franchise partners." KB
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