Everest buys five pharmacies from Sykes Chemist Group

Manchester-based pharmacy group Everest has bought five pharmacies from Sykes Chemist Group.

Four are in Bolton – Gatleys Pharmacy on Tonge Old Road, Haslams Pharmacy on Halliwell Road, Rigbys Chemist on Swan Lane, and Howards Pharmacy on Chorley Old Road – and Paradise Street Pharmacy is within Pals Health Centre in Accrington. 

The pharmacies had been run as part of a wider group of 14 branches owned by Sykes Chemist Group. The group decided to sell these branches as part of a strategic review of its portfolio.

Following a sales process with Tom Young at Christie & Co, all five pharmacies have been sold to Manchester-based, Everest Pharmacy Ltd, which now owns 22 pharmacies across the region.

Tom Young, Senior Business Agent – Pharmacy at Christie & Co, comments, “When we launched these pharmacies to the market in July 2024, as expected, we had a lot of interest. Any sites in and around Bolton always generate large volumes of enquiries, and I was pleased that we had multiple offers on all sites. I am keen to see how the businesses develop under the new owner.”