NOCON monitors Well pharmacies
NOCON has been appointed as monitoring trustee for the CMA in the Bestway/Lexon case. Bestway operates approximately 750 pharmacies nationwide in the UK under the Well brand. In April 2023, it completed its acquisition of Lexon, which operates 46 pharmacies in the UK under the Knights Pharmacy brand, and Asurex, a wholesale perfume supplier. The CMA’s investigation found that the merger could lead to a significant lessening of competition between retail pharmacies in 12 local areas located in Liverpool and North East England. NOCON’s task is to monitor the viability of seven pharmacies that have been proposed to be divested to remove the CMA’s competition concerns.
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Berlin Office
+49 30 166342090
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10719 Berlin
Germany
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+44 20 38242508
22 Wenlock Road
London N1 7GU
United Kingdom
© NOCON 04_2023
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