The Pharmaceutical Journal
Vol 269 No 7213 p272
31 August 2002

This article
Reprint
Photocopy

News summary

Related websites
Superdrug (www.superdrug.com)
Hutchison Whampoa (more)

New owner for Superdrug

SUPERDRUG, the health, beauty and pharmacy chain, has a new owner after Hutchison Whampoa agreed to acquire its current parent company, Kruidvat, for €1.3bn (£830m).

Superdrug, which has just over 200 pharmacies in its 700-branch chain, will become part of a 3,000-store international group operated by Hutchison’s health and beauty subsidiary, A. S. Watson (ASW). ASW already operates the 280-store Savers chain in the United Kingdom, which it acquired in 2000.

Hutchison is an international conglomerate with interests in mobile phones, property, hotels and ports as well as retailing.