Global law firm White & Case LLP has advised the Swedish pharmacy company Apotek Hjärtat in relation to the financing of its acquisition of Vårdapoteket from, among others, Priveq Investment and Investor Growth Capital.
Following its acquisition of Vårdapoteket, which consisted of 27 hospital pharmacies in Sweden, Apotek Hjärtat owns more than 300 pharmacies in Sweden and has an annual turnover of SEK 9 billion. The acquisition makes Apotek Hjärtat the second largest player in the Swedish pharmacy market, with a market share of approximately 26%.
The White & Case team was led by partner Carl Hugo Parment, who was assisted by associates Oscar Liljeson and Michael Gentili.
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