Goodlife growth spree continues with pharmacy buyout

CAK Director-General Wang’ombe Kariuki. FILE PHOTO | NMG

Beauty and drugstore chain Goodlife has bought assets belonging to Maghreb Pharmacy as it intensifies an expansion bid kicked off in 2017 that targets to grow its footprint to 100 regionally.

The Competition Authority (CAK) in a legal notice made public a fortnight ago but signed in July, gave Goodlife the green light to acquire certain assets of the Nairobi-based pharmacy since the move would not affect competition negatively.

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