Business News

Worcester pharmacy sold to Lincolnshire operator

Published by
Giles Gwinnett

A pharmacy in Worcester, which dispenses an average of 12,000 items per month, has been sold freehold for an undisclosed price, property adviser Christie & Co has revealed.

D L Ogle is a community pharmacy and was bought by brothers Ali and Mohammed Talib, Tapiwa Masamha and Chikondi Mlia.

They also own Gohil’s Pharmacy and Whistlers Pharmacy in Lincolnshire, the latter also being sold by Christie & Co.

READ MORE: Local pharmacies including in Dorset acquired by national chain Jhoots

D L Ogle has been owned by David Ogle and his family for more than 30 years and was brought to market last year to enable family members to either retire or pursue different business interests, said Christie & Co.

Carl Steer, director - pharmacy at Christie & Co, said: "The sale was confidentially marketed but, within just a few days, interest was achieved from multiple parties, and we were able to present our client with an acceptable offer - this was a truly remarkable achievement but one that the long-standing business deserved.

"The buyers own two sizeable pharmacies in the East Midlands and now add this well-performing profitable pharmacy to their portfolio. It was a pleasure to deal with everyone on the deal."

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Giles Gwinnett

Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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