Online veterinary pharmacy snapped up
The PharmPet Co, an online veterinary pharmacy based in Lincoln, has been acquired by Pharmacy2U, a digital pharmacy.
The undisclosed transaction follows on from a partnership initiated in November 2023, aimed at improving convenience and affordability for pet owners seeking prescriptions.
Established in 2019 by brothers Neil and Phil Younger, alongside their father, Keith, The PharmPet Co is known for online pet medicines.
The acquisition will help expand Pharmacy2U’s portfolio to include pet health services, allowing people to cover themselves and their pets in one place.
The founders of The PharmPet Co will assume leadership roles within Pharmacy2U’s pet health division.
Gary Dannatt, chief of staff at Pharmacy2U said:”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 said: “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.”
Squire Patton Boggs advised Pharmacy2U on the acquisition. Ward Hadaway acted for the shareholders of The PharmPet Co.
