07.01.2019

Zur Rose concludes acquisition

Frauenfeld – Mail-order pharmacy Zur Rose has acquired the German online pharmacy medpex. Zur Rose had to first increase its share capital to undertake the acquisition.

Zur Rose has successfully acquired the e-commerce activities of medpex, Germany’s third largest online pharmacy. In the course of the transaction, Zur Rose also acquired the German companies Comventure GmbH, Visionrunner GmbH and medpex wholesale GmbH, as well as Apotheke esando B.V. in the Netherlands, according to a press release from the mail-order pharmacy in the St.GallenBodenseeArea.

In order to undertake the acquisition, Zur Rose AG had to first increase its share capital. According to a separate press release, the share capital recorded in the commercial register was increased by 355,887 shares to 8,725,872 shares to pay the share portion of the purchase price for medpex.

Zur Rose expects that the acquisition will allow it to significantly expand “its market leadership in Germany”.