Christie Group, a business services firm, has acquired specialist pharmacy business agents Orridge Business Sales for an undisclosed sum, creating the UK's largest specialist pharmacy agency and advisory practice.
The acquisition of is being made to enable the group to further exploit opportunities that exist across the client bases of both companies.
David Rugg, Chief Executive of Christie Group, said: "This acquisition is extremely exciting for us and a natural expansion of our presence in the pharmacy sector.
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"In a period when the pharmacy sector continues to demonstrate its resilience to general market conditions and its popularity with investors, the bringing of Orridge Business Sales into the Christie + Co fold is very timely," he said.
The share price rose 1.98% to 51.50p.
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