Birch Hill Equity acquires Rexall Pharmacy Group and Well.ca from McKesson, involving 385 pharmacies.

Birch Hill Equity Partners, a Toronto-based private equity firm, has finalized the acquisition of Rexall Pharmacy Group and McKesson's Well.ca from McKesson Corp. The deal, completed on December 30, involves 385 Rexall pharmacies and around 8,000 employees, with financial details kept private. McKesson plans to use the proceeds to focus on expanding its oncology and biopharma businesses.

December 31, 2024
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