The high-dispensing community pharmacy was sold for an undisclosed price following a confidential sales process
David Ogle and his family, who had been running the business for more than three decades, put it up for sale last year as they wanted to retire or pursue different business interests.
Located in the Worcester city suburb of St Johns, DL Ogle Pharmacy dispenses an average of 12,000 items per month.
The high-dispensing community pharmacy has been sold to brothers Ali and Mohammed Talib, Tapiwa Masamha and Chikondi Mlia, property adviser Christie & Co has revealed.
The four brothers are also the owners of Gohil’s Pharmacy and Whistlers Pharmacy in Lincolnshire.
Carl Steer, Director – Pharmacy at Christie & Co. commented: “The sale was confidentially marketed but, within just a few days, interest was achieved from multiple parties, and we were able to present our client with an acceptable offer – this was a truly remarkable achievement but one that the long-standing business deserved.
“The buyers own two sizeable pharmacies in the East Midlands and now add this well-performing profitable pharmacy to their portfolio. It was a pleasure to deal with everyone on the deal.”
The family business as sold freehold for an undisclosed price.
