Lincolnshire entrepreneurs snap up family business

A group of Lincolnshire entrepreneurs have swooped for a Worcester-based pharmacy.

Property adviser, Christie & Co, has announced the sale of D L Ogle Pharmacy in Worcester, West Midlands for an undisclosed amount.

The business has been owned by David Ogle and his family for more than 30 years and was brought to market last year to enable family members to either retire or pursue different business interests.

Following a confidential sales process with Carl Steer at Christie & Co, it has been purchased by brothers Ali and Mohammed Talib, Tapiwa Masamha and Chikondi Mlia, who also own Gohil’s Pharmacy and Whistlers Pharmacy in Lincolnshire, the latter also being sold by Christie & Co.

Carl Steer, director at Christie & Co, said: “The sale was confidentially marketed but, within just a few days, interest was achieved from multiple parties, and we were able to present our client with an acceptable offer – this was a truly remarkable achievement but one that the long-standing business deserved.

“The buyers own two sizeable pharmacies in the East Midlands and now add this well-performing profitable pharmacy to their portfolio. It was a pleasure to deal with everyone on the deal.”