Bestway-owned Well Pharmacy has completed the rebrand of its 782 pharmacies from the Co-operative Pharmacy. The UK’s largest independent pharmacy chain is now operating under its new name, Well, following the announcement of the rebrand in February this year.
The re-brand comes as part of a £200m investment by the Bestway Group since acquiring the chain late last year.
Well is also investing in training and support to develop the role of their pharmacy teams to enable colleagues to support the growing demand for primary healthcare services across the UK, in turn helping to alleviate the pressure on the NHS services.
Bestway adds that “significant progress” has also been made with the acquisition of Pharmacy Chain Care4u in Devon earlier this year and there are several acquisitions in progress which are expected to be announced in December, adding to its portfolio of 782 branches nationwide.
John Nuttall, CEO at Well commented: “We have rebranded the 782 branches in our estate and Well is now supporting the health and wellbeing of local communities across the UK.
“We’re committed to continuing to ease the pressures faced by frontline NHS services through our community pharmacies, beyond simply providing prescriptions. Our plans for a strengthened healthcare services offering and continual investment in our Pharmacy teams will facilitate the provision of personalised patient care, to improve the health and wellbeing of the local communities we serve.”
Well is now the fourth pillar of the Bestway Group following the £620m buyout in 2014.
Zameer Choudrey, Bestway Group CEO, said: “We are delighted that the rebrand to Well has now been completed. The move forms part of Bestway’s £200 million investment in a five year strategy to develop and grow Well’s operations, with a target of annual revenue reaching £1 billion by 2019. Well also plans to extend its network of pharmacies from 780 branches to 1,000 across the UK by 2018.”