Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Hutchison Whampoa is adding 700 Superdrug stores to its existing UK portfolio with the £800 million ($1.2 billion ) acquisition of Dutch retailer Kruidvat.

The Hong Kong conglomerate already owns 280 Saver health stores in the UK, which combined with Superdrug would make a near 1,000-strong estate of shops in this country. The company, as part of the Kruidvat purchase, will also be acquiring a a further 1,200 outlets on the Continent.

Superdrug, which has now changed hands twice in just over a year, is the UK’s second-biggest chain of chemists after Boots.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.