GHG announces completion of the recently announced acquisition of ABC Pharmacy

Georgia Healthcare Group PLC (“GHG”) announces that, following the receipt of regulatory approval, it has now completed the acquisition of JSC ABC Pharmacia (“ABC”), the fourth largest pharmaceutical retailer and wholesaler in Georgia.


“Following our recent announcement of the ABC acquisition, I am very pleased to announce completion of this landmark transaction. Having successfully obtained regulatory approval, ABC will be merged with GHG’s existing pharma business with immediate effect.  This further consolidates GHG’s position as the leading integrated player in the Georgian healthcare ecosystem, and we look forward to delivering on the expected synergies and targeted growth strategy for the enhanced pharma businesscommented Nikoloz Gamkrelidze, CEO of Georgia Healthcare Group.