Beacon Pharmacy
![""](/-/media/images/mnp/service/corporate-finance/tombstones/2022/8250-22-abc-beacon-pharmacies---tombstone---web.jpg?h=2146&w=1658&hash=76CC06C65BF5B186FADDE3147EA14B0A)
Calgary Co-operative Association Ltd. has acquired Beacon Pharmacy
Engagement Type:
Industry:
Calgary Co-operative Association Ltd. has acquired Beacon Pharmacy. MNP Corporate Finance Inc. acted as exclusive financial advisor to Beacon Pharmacy in structuring and negotiating this transaction.
Transaction Brief
This transaction expands Calgary Co-operative Association Ltd. (Calgary Co-op)’s pharmacy business and adds to its capabilities in treating high-need patients with addiction and mental health issues.
Beacon Pharmacy is a privately owned group of two pharmacies based in Calgary, AB. Beacon Pharmacy is a Canadian leader in supporting opioid addiction and mental health initiatives in high acuity clients in the vulnerable population.
Founded in 1956, Calgary Co-op is one of North America's largest retail co-operative associations with over 400,000 members. Calgary Co-op owns and operates retail food, pharmaceutical, petroleum, home healthcare, liquor, and cannabis outlets throughout Calgary and surrounding communities.