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April 13, 2016updated 02 Nov 2021 9:56am

Walgreens Boots Alliance sells Alliance Healthcare Russia to 36.6

US-based retail pharmacy Walgreens Boots Alliance has sold its pharmaceutical distribution division Alliance Healthcare Russia to Russian health and beauty retailer 36.6.

US-based retail pharmacy Walgreens Boots Alliance has sold its pharmaceutical distribution division Alliance Healthcare Russia to Russian health and beauty retailer 36.6.

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Once the deal is complete, Walgreens Boots Alliance will own a 15% stake in 36.6.

Former manager of Walgreens Boots Alliance Melik-Guseinov was quoted by Russia Beyond The Headlines as saying that the firm was interested in purchasing 36.6 in 2007; however, a deal was dropped due to the 2008 financial crisis.

“Once the deal is complete, Walgreens Boots Alliance will subsequently own a 15% stake in 36.6.”

Walgreens Boots Alliance was created through the combination of Walgreens and Alliance Boots in December 2014.

It owns more than 13,000 outlets in over ten countries, as well as more than 350 distribution centres.

It is also claimed to be one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as health and beauty product brands such as No7, Botanics, Liz Earle and Soap & Glory.

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Consumers have radically re-thought their priorities in recent years: find out what new trends and needs are arising and how these can be addressed through selecting the right ingredients in product formulations. GlobalData’s report on Trending Ingredients in FMCG offers a deep dive into popular and emerging ingredients across FMCG categories. Gain insights into how positively or negatively consumers perceive these ingredients, appraise the latest product formulations incorporating these ingredients, and learn how to successfully leverage these credentials in NPD and marketing. This report covers:
  • Consumer Trends
  • Ingredients in Food & Drink
  • Ingredients in Beauty & Grooming
  • Ingredients in Household Care
Take a look now to understand which ingredients are impressing consumers, and make them work for your brand.
by GlobalData
Enter your details here to receive your free Report.