Pharmacy2U, the digital pharmacy, has acquired The PharmPet Co, a Lincoln-based veterinary online pharmacy.
The deal, for an undisclosed sum, follows a partnership in November 2023, which saw the two brands come together to deliver prescriptions to pet owners more conveniently and cost-efficiently.
Established in 2019 by brothers Neil and Phil Younger, and their father, Keith, The PharmPet Co is a highly regarded and ethical provider of online pet medicines. The acquisition aligns with Pharmacy2U’s commitment to offering comprehensive consumer healthcare solutions and NHS prescriptions as it expands its portfolio to include pet health services.
The deal speeds up plans to give customers a holistic approach to healthcare, covering themselves and their pets in one place. Since the partnership last year, Pharmacy2U Pet Health has gone from strength to strength and Pharmacy2U has plans to further transform the prescription market at a time when owners are finding it increasingly hard to get a good deal from their vets.
The two founders of The PharmPet Co join Pharmacy2U to head up the pet health proposition.
Gary Dannatt, Chief of Staff at Pharmacy2U, says: “It’s rare to come across a business that has a strategy, service, and set of values so aligned with your own, that it’s easy to see how it will slot neatly into our existing proposition.
“Following a successful partnership last year it’s become clear The PharmPet Co is one of those cases. The founders have done a remarkable job of creating a service that pet owners across the UK find invaluable, especially during a cost-of-living crisis, and I’m proud to be bringing them into the Pharmacy2U family.
“We look forward to working together to deliver exceptional value and service to our customers, while offering a digital-first approach that allows our pharmacists to deliver expertise in medicine.”
Neil & Phil Younger at The PharmPet Co say: “With over 60 years of combined experience in the pharmacy sector we created The PharmPet Co with a vision to deliver veterinary-standard medication to the fingertips of pet owners, and are both excited to embark on this next chapter of growth as part of Pharmacy2U.
“The deal will allow us to continue doing what we love most, improving the lives of animals, while improving access to affordable and trusted medication.”
Pharmacy2U were advised by Squire Patton Boggs. The PharmPet Co were advised by Ward Hadaway.
