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TAR - SHOP APOTHEKE EUROPE: ACQUISITION OF 'FIRST A', A PIONEERING QUICK-COMMERCE PLAYER IN THE GERMAN PHARMACY MARKET.

Company: Redcare Pharmacy N.V. Date: 2022-04-12 Language: English Register to download

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 News Details

Ad-hoc | 12 April 2022 19:10

#   

SHOP APOTHEKE EUROPE: ACQUISITION OF ‘FIRST A’, A PIONEERING QUICK-COMMERCE PLAYER IN THE GERMAN PHARMACY MARKET.

SHOP APOTHEKE EUROPE N.V. / Key word(s): Takeover  

SHOP APOTHEKE EUROPE: ACQUISITION OF 'FIRST A', A PIONEERING QUICK-COMMERCE PLAYER IN THE GERMAN PHARMACY MARKET.  

  

12-Apr-2022 / 19:10 CET/CEST  

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.  

The issuer is solely responsible for the content of this announcement.  

  

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SHOP APOTHEKE EUROPE: ACQUISITION OF “FIRST A”, A PIONEERING QUICK-COMMERCE PLAYER IN THE GERMAN PHARMACY MARKET.

-   Strategic acquisition of one of Germany’s pioneer in q-commerce that delivers pharmacy products door-to-door within 30 minutes.
-   Entry into the growing q-commerce market.
-   Complementing the launch of e-Rx through close partnerships with local pharmacies.
-   Strategic acquisition accelerates SHOP APOTHEKE EUROPE’s customer-centric platform strategy and strengthens its position as one stop shop in the pharmacy space.

  

**Sevenum, the Netherlands, 12 April 2022. Today,SHOP APOTHEKE EUROPE acquired all shares of FIRST A. Founded as a start-up in Berlin in 2021, this company is now a leading quick-commerce delivery service in the pharmacy sector and offers medicine delivery within 30 minutes in five major German cities.**

Today, SHOP APOTHEKE EUROPE acquired 100 % of the shares of FIRST A. All three founders and the current management team will stay on board and the company is expected to continue to operate stand-alone in order to lead and to manage the growth of FIRST A. The purchase price consists of an amount due at closing and conditional performance-related earn-outs on the basis of pre-agreed financial KPIs over the coming four years, which combined sum to an expected double-digit million amount.

  

  

  

Contact:  

rikutis consulting  

Thomas Schnorrenberg  

Cel: +49 151 46 53 13 17  

E-Mail: presse@shop-apotheke.com

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12-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Archive at www.dgap.de  

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|     |     |
| --- | --- |
| Language: | English |
| Company: | SHOP APOTHEKE EUROPE N.V. |
|     | Erik de Rodeweg 11-13 |
|     | 5975 WD Sevenum |
|     | Netherlands |
| Phone: | 0800 – 200 800 300 |
| Fax: | 0800 – 90 70 90 20 |
| E-mail: | Investor.Relations@shop-apotheke.com |
| Internet: | www.shop-apotheke-europe.com |
| ISIN: | NL0012044747, DE000A19Y072 |
| WKN: | A2AR94, A19Y07 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1326777 |

  

|     |     |
| --- | --- |
|     |     |
| End of Announcement | DGAP News Service |

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