From the outset, we have been committed to building a truly integrated healthcare ecosystem and becoming a leading player in the healthcare and wellness sector
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Following a very strong 2021, Pharmacorp, France’s leading traditional community pharmacy network (400 member pharmacies and €600 million in revenue), has announced a partnership with Hygie31, a company specializing in advising and supporting healthcare and wellness brands (250 member pharmacies, 50 optical stores, 17 medical equipment stores, two online parapharmacy websites, and €1 billion in revenue in 2021).
This strategic partnership between the two Toulouse-based companies will see Hygie31 acquire a stake in Gener’+, Pharmacorp’s purchasing and supplier-referencing organization.
The partnership has a clear ambition: to create a leading French healthcare group with the scale and influence to make an impact on the French pharmacy market.
According to Laurent Filoche, President of Pharmacorp:
“I am delighted to see Pharmacorp enter this new phase and to see the opportunities this partnership with Hygie31 will create.
Thanks to its expertise, we will be able to develop new products and services tailored to both our existing and future pharmacies, particularly by strengthening our medical equipment offering. This is an essential service for our patients in suburban and rural areas, as well as an additional growth driver for our members.
We also aim to leverage Hygie31’s expertise to help young pharmacists establish themselves, through the introduction of financial support mechanisms for new pharmacy owners.
Finally, we also see this partnership as an opportunity to further consolidate our purchasing power and strengthen our position within the healthcare sector.
However, this partnership will in no way compromise our independence or the values we stand for. Pharmacorp will remain an organization of independent pharmacists, owned by and serving its members. I will remain President of Pharmacorp and continue to advocate for the profession through my role as President of the UDGPO trade association.»
According to Hervé Jouves, President of Hygie31:
« From the outset, we have been committed to developing a truly integrated healthcare ecosystem and becoming a leading player in the healthcare and wellness sector, particularly in the community pharmacy market. We have therefore developed a range of brands and e-commerce platforms covering parapharmacy, optical care, and medical equipment — all of which complement a pharmacy’s core business — while remaining open to external growth opportunities that would further strengthen our position.
2021 was an exceptionally strong year for Hygie31’s pharmacies and partners, with the group closing the year with revenue of more than €1 billion. This demonstrates the relevance of our concepts and the quality of the support we provide.
Through this partnership with Pharmacorp, we will be able to combine our respective strengths and enable each pharmacy owner to find the business model that best suits their needs, with tailored support regardless of their location — whether rural, suburban, urban, or neighborhood-based.
We will also strengthen our relationships with pharmaceutical laboratories and continue to improve the commercial terms available to our members, while generating genuine efficiencies for our laboratory partners. »
About Pharmacorp
Founded in 2012 from a pharmacy network in Ariège that had been operating for more than 40 years, Pharmacorp now represents 400 independent pharmacists across France.
With a strong presence in suburban and rural areas, the group supports its members through numerous partnerships with the pharmaceutical industry, helping them improve their healthcare offering from both an economic and quality perspective.
In 2021, after welcoming 100 new members, Pharmacorp reported revenue of €600 million, up 32% compared with 2020.
About Hygie31
A specialist in the healthcare and wellness sector, Hygie31 is the holding company of Laf Santé, the company operating the Pharmacie Lafayette, Parapharmacie Lafayette, Optique Lafayette, and Médical Lafayette networks, established in 2014, as well as dhygietal, a subsidiary founded in 2021 dedicated to digital activities through cocooncenter.com and parapharmacielafayette.com.
Backed by investment fund Five Arrows Principal Investments, Hygie31 reported €1 billion in sales, representing 27% growth compared with 2020.
Press Office – Vie publique – Nathalie Cassagnes – +33 6 11 49 38 02 – contact@agenceviepublique.com
