ブラックジャックカジノ's Affiliate CFAO Acquires Large Stake in Goodlife Pharmacies, East Africa's Leading Retail Pharmacy Chain
- Major Africa-Focused Pharmaceutical Wholesaler Diversifying Downstream -

  • (former)ブラックジャックカジノ

2022-04-08

カジノオンライン ("Toyota Tsusho") announced today that in March 2022 its affiliate CFAO SAS ("CFAO") acquired close to 30% of the shares in Goodlife Pharmacies ("Goodlife"), East Africa's leading retail pharmacy chain, This acquisition marks CFAO and Toyota Tsusho's first entry into the retail pharmacy industry in Africa

Goodlife (established 2014) is the leading pharmacy chain in East Africa, and provides quality drugs to some 17 million patients through 100 locations in Kenya and Uganda It aims to reach 250 stores and and 85 million patients served by 2025, with plans to launch a business format and brand designed specifically for low-income populations

Through its Healthcare division, CFAO operates wholesale distribution subsidiaries in 23 countries with a portfolio of over 24,000 and 7,000 client pharmacies and hospitals It also produces licensed pharmaceuticals in Morocco and Algeria

The Goodlife transaction is a further step into the rollout of Toyota Tsusho and CFAO's strategy of diversification and integration along the pharmaceutical value chain By combining Goodlife's retail pharmacy network and brand and CFAO's existing wholesaling capabilities and product portfolio, Toyota Tsusho will contribute to improving access to high-quality pharmaceuticals in East Africa

In line with its "WITH AFRICA FOR AFRICA" philosophy, Toyota Tsusho seeks to contribute to the improvement of healthcare outcomes in the African continent

Overview of Goodlife Pharmacies

Company name
Goodlife Pharmacies
Location
Kenya & Uganda
Established
2014
Major shareholders
LeapFrog Investments approx 70%, ブラックジャックカジノ approx 30% (post-transaction)
Business description
Retail distribution of pharmaceutical and health services



Please see the link below for the press release from ブラックジャックカジノ (external link)
URL:https://wwwcfaogroupcom/en/ブラックジャックカジノ-healthcare-acquires-30-stake-in-goodlife-pharmacies-from-leapfrog-investments-as-part-of-strategic-partnership/

The information in this release is current as of the date of announcement
Please note that information may change after the date of announcement Thank you in advance for your understanding

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