Pharmacy Group recommends growth through two acquisitions of Gwent

Knights Pharmacy has acquired the Abercarn and Cwmcarn sites previously owned by Evans Group. The Abercarn site serves 12,000 items a year to local residents, while the Cwmcarn site issues around 5,000 items a year.

Knights Pharmacy plans to improve services at its Abercarn site by opening a new treatment room in addition to its existing one. The company also intends to continue to offer independent prescribing services at both locations, enabling pharmacists to prescribe appropriate medications for minor illnesses.

Following the deal, Knights Pharmacy now operates 49 community sites across England and Wales (up from 18 in 2021).

Anand Sodha, managing director of Knights Pharmacy, said: “Over recent years we have successfully built our presence in the West Midlands and South Wales. Our plan for these two additional locations and the remaining locations is to focus on continually improving our services. By offering essential treatment for minor conditions, we can help reduce pressure on the NHS and ensure our customers get the care they need.”

Partho Bose, relationship director, West Midlands MME at HSBC UK, said: “Knights Pharmacy’s commitment to community health and its vision for growth is aligned with our aim to support ambitious businesses. We look forward to seeing the positive impact these acquisitions will have on local communities across South Wales.”