Clear Pharmacy marks exit from Scottish market with sale of two branches to Right Medicine Pharmacy

Clear Pharmacy is an established group operator that owns 42 pharmacies, including two in Forres in Scotland. It also has branches across Northern Ireland, the Isle of Man, and England. The group recently decided to sell its Forres branches to focus its efforts on the rest of its estate.

Following a confidential sales process with Karl Clezy at Christie & Co, the two Scottish pharmacies, which are located just yards apart on Forres high street and dispense a combined average of 13,500 NHS items per month, have been purchased by Right Medicine Pharmacy, which now owns 45 pharmacies across Scotland.

Mike Embrey, owner at Right Medicine Pharmacy, comments, “We were delighted that Clear Pharmacy accepted our offer for these two pharmacies in Forres and thank them and Karl at Christie & Co for making the purchase as smooth and quick as possible. Each pharmacy has a fantastic team in place, and we look forward to working with them to ensure patients in Forres get the best possible pharmacy service as we look to grow the business.”

Karl Clezy, Director - Pharmacy at Christie & Co, comments, “I was delighted to assist Clear Pharmacy with the sale of these two branches. Right Medicine Pharmacy is the ideal buyer, as they already own pharmacies nearby in Lossiemouth and Llanbryde, near Elgin. They are an operator that likes to acquire pharmacies in small towns like Forres, excelling in providing a great service to the local community.”

The two Clear Pharmacy branches were sold for an undisclosed price.

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