SuperPharm Purchases Massy In-Store Pharmacies For $22M

SuperPharm paid $22 million to acquire the in-store pharmacy assets of Massy Stores, which it has since rebranded as MPharmacy. In a newspaper advertisement on August 14, Massy Stores announced that it had signed an agreement with SuperPharm Ltd for the sale of its in-store pharmacy assets. However, both parties remained tightlipped about the consideration paid for the transaction.