Balmedie Pharmacy sold to JMF Healthcare

Balmedie Pharmacy based in Aberdeenshire, Scotland has been purchased by local expanding multiple operator JMF Healthcare.

Balmedie Pharmacy is a well-performing community pharmacy that dispenses an average of 5,255 items per month. It lies completely unopposed in the large Aberdeenshire village of Balmedie, which is circa eight miles north of Aberdeen City Centre.

The pharmacy has been owned by Brian Arris since 2004 and was recently brought to market to allow him to pursue other pharmacy business opportunities.

Following a confidential sales process with Christie & Co, JMF Healthcare to benefit from new housing developments in this area of Aberdeenshire such as 300 new homes planned in Balmedie, approved plans for up to 500 new homes in Trump Menie Estate, and 284 new homes planned in Blackdog Village.

Brian Arris, previous owner of Balmedie Pharmacy, comments, “I’m sad to see the business go as the excellent staff have helped grow the pharmacy from scratch since 2004 and we’ve all put our hearts and souls into providing good pharmaceutical care for the village and surrounding area. I’m confident everyone is left in safe hands with John at the helm now.”

John Fowlie, owner of JMF Healthcare Limited, comments, “‘We are delighted to add Balmedie Pharmacy to our group. As a company, we always aim to give our patients a first-class pharmacy service and I am sure this will be the case in Balmedie. I would like to thank Brian for his co-operation in making this acquisition straightforward, and also Karl at Christie & Co for his assistance in the transaction.”

Balmedie Pharmacy was sold for an undisclosed price.