GP Care UK Limited has announced the sale of its 50% shareholding in GP Care Pharmacy Limited to Assura Pharmacy Limited which now owns 100% of the shares.
The sale is pursuant to a strategic review of GP Care UK’s business and has generated a substantial capital gain for GP Care which will be reported in the accounts for the year to 31 March 2011.
Roger Tweedale, GP Care UK Limited CEO, commented
“This is a sensible strategic move for GP Care that allows us to focus on our main priority which is to deliver community based diagnostic, outpatient and ancillary services to NHS and private patients. Our investment in pharmacy has generated a healthy return which we can now invest in new services, working with established local NHS clinicians to continue to radically improve patient pathways and deliver significant cost savings to commissioners.
We wish Assura Pharmacy well in continuing to deliver a high quality retail pharmacy service to patients within BNSSG. In the mean time GP Care will continue exploring other pharmacy related opportunities.”
All/any enquires regarding this announcement should be directed to GP Care on 0333 332 2100.