{"id":17046,"date":"2022-07-07T14:25:58","date_gmt":"2022-07-07T12:25:58","guid":{"rendered":"https:\/\/www.joffeassocies.com\/hygie-31-acquires-ecoceutis\/"},"modified":"2026-09-28T16:19:04","modified_gmt":"2026-09-28T14:19:04","slug":"hygie-31-acquires-ecoceutis","status":"publish","type":"post","link":"https:\/\/www.joffeassocies.com\/en\/hygie-31-acquires-ecoceutis\/","title":{"rendered":"HYGIE 31 acquires ECOCEUTIS"},"content":{"rendered":"<p>Hygie 31, the holding company of Lafayette Conseil (headquartered in Toulouse, Haute-Garonne), a network of pharmacies and optical stores, has acquired Barcelona-based Ecoceutis, which comprises 156 pharmacies and generates \u20ac200 million in revenue.<\/p>\n<p>&nbsp;<\/p>\n<p>Following its acquisition of Cocooncenter in 2021 and its partnership with Pharmacorp earlier this year, Hygie 31, owner of the Pharmacie Lafayette brand, has acquired Ecoceutics, a Spanish pharmacy network.<br \/>\nEcoceutics operates 156 pharmacies in a Spanish market comprising around 20,000 pharmacies, generating \u20ac22 billion in annual revenue and growing by 4% a year.<br \/>\n\u201cWe are the first French pharmacy network to expand into Europe. And Spain is only the first step!\u201d says Herv\u00e9 Jouves, President of Hygie 31.<br \/>\n\u201cEcoceutics\u201d \u2014 a name combining \u201ceconomics\u201d and \u201cpharmaceutics\u201d \u2014 is a well-established brand in Spain. As a result, the Spanish pharmacies will not adopt the \u201cPharmacie Lafayette\u201d brand, but will instead use the tagline \u201chealthcare for all.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Herv\u00e9 Jouves, President of Hygie 31, the holding company behind the Pharmacie Lafayette network, has just completed his third major external growth transaction. Following the acquisition of Cocooncenter, an online parapharmacy retailer, in 2021 and the partnership with Gener+ earlier this year, Hygie 31 \u2014 with 700 member pharmacies, 52 optical stores, and 24 medical equipment stores, generating \u20ac1.7 billion in revenue \u2014 has announced the acquisition of Spanish company Ecoceutics.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>156 pharmacies generating \u20ac200 million in sales<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>It is one of Spain\u2019s leading pharmacy groups and one of the country\u2019s major pharmacy brands, with 156 pharmacies generating \u20ac200 million in sales. Headquartered in Barcelona, Ecoceutics operates primarily in the Barcelona and Girona regions and the Balearic Islands. The group is owned by 27 pharmacists and employs 18 people.<br \/>\nThrough this strategic combination, Toulouse-based Hygie 31 becomes the first French player to expand its model into Europe. \u201cThe Spanish market, worth \u20ac22 billion, is very similar to the French market, growing by 3% to 4% annually and showing similar growth dynamics. Partnering with Ecoceutics was therefore a natural choice to strengthen our growth momentum. This latest acquisition makes us the first French pharmacy group to establish a presence outside France,\u201d said Herv\u00e9 Jouves.<br \/>\nBy increasing their combined purchasing volumes, the newly formed group aims to negotiate better commercial terms with pharmaceutical laboratories on behalf of its member pharmacists. In addition, Hygie 31 will leverage Ecoceutics\u2019 more advanced IT network infrastructure to accelerate the development of new digital tools.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hygie 31, the holding company of Lafayette Conseil (headquartered in Toulouse, Haute-Garonne), a network of pharmacies and optical stores, has acquired Barcelona-based Ecoceutis, which comprises 156 pharmacies and generates \u20ac200 million in revenue. &nbsp; Following its acquisition of Cocooncenter in 2021 and its partnership with Pharmacorp earlier this year, Hygie 31, owner of the Pharmacie [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6146,"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-17046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HYGIE 31 acquires ECOCEUTIS &#8211; 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