Joffe & Associ\u00e9s advised Hygie31, a leading healthcare player in Europe, in connection with the acquisition of a majority stake in Navi Group, the Irish leader in independent pharmacy.<\/p>\n
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Founded in 2009 by John Carroll, Navi operates more than 600 pharmacies, representing nearly 30% of the Irish market, and generates \u20ac700 million in business volume through its platforms.<\/p>\n
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This strategic partnership represents a major milestone in the development of an interconnected European healthcare ecosystem, combining Hygie31\u2019s pan-European purchasing scale with Navi Group\u2019s commercial footprint and technological expertise.<\/p>\n
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In an Irish market shaped by the rise of integrated pharmacy chains and the growing influence of pharmaceutical wholesalers, Hygie31 and Navi Group are offering an alternative approach that preserves pharmacists\u2019 independence while strengthening their competitiveness through three key synergies: pan-European purchasing, an enhanced commercial offering, and the sharing of data and technology.<\/p>\n
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For participating pharmacists, the benefits are clear: better purchasing terms, secure supply, and more time to spend with patients. The partnership also provides Hygie31 with a strong English-speaking platform from which to accelerate its growth in Ireland and explore further English-speaking markets.<\/p>\n
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With Ireland, Hygie31 now operates across four European markets. Furthermore, following this transaction, Hygie31 now brings together more than 3,542 affiliated pharmacies across Europe, including over 440 operating under the Pharmacie Lafayette banner, with a combined business volume exceeding \u20ac6 billion.<\/p>\n
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As part of the transaction, the Joffe & Associ\u00e9s<\/strong> team was composed of Christophe Joffe, partner, and Alexia Guyot, associate, and worked together with its Irish counsel at A&L Goodbody LLP (Charles Carroll, Emily Davis and Shane Swaile).<\/p>\n","protected":false},"excerpt":{"rendered":" Joffe & Associ\u00e9s advised Hygie31, a leading healthcare player in Europe, in connection with the acquisition of a majority stake in Navi Group, the Irish leader in independent pharmacy. Founded in 2009 by John Carroll, Navi operates more than 600 pharmacies, representing nearly 30% of the Irish market, and generates \u20ac700 million in business […]<\/p>\n","protected":false},"author":9,"featured_media":14087,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-17018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals-en"],"acf":[],"yoast_head":"\n