Company type | Subsidiary undertaking |
---|---|
Industry | Retail, pharmaceuticals, healthcare, beauty |
Headquarters | Manchester, England, UK |
Area served | United Kingdom |
Key people | Greg Pateras, CEO |
Products | Community pharmacy |
Number of employees | Circa 7,000 |
Parent | Bestway Group |
Subsidiaries | Bestway Medhub Well Careplus |
Website | www |
Well, formerly known as The Co-operative Pharmacy, is the second largest overall pharmacy chain after the company Boots in the United Kingdom. It is the largest pharmacy chain in Wales.
The Co-operative Group, the previous owners of the chain, announced in July 2014 that they had come to an agreement to divest their pharmacy business to the Bestway Group for £620 million. The sale was completed in October 2014 and Bestway was given a licence to continue using the Co-operative brand for 12 months. In 2015, Bestway began to rebrand the company as Well.
Other retail co-operatives in the United Kingdom, such as Midcounties Co-operative, continued to operate Co-op Pharmacy branded stores, and these were not affected by the sale.