In 2010, the Swedish Government’s privatisation of state-run retail pharmacies included the sale of 24 outpatient pharmacies at hospitals and healthcare facilities. The purchaser, a pair of private equity firms, had a unique asset on their hands: a small chain of shops with, thanks to their locations, built-in credibility and an almost captive market.
While other newly-formed pharmacy chains did battle on the high street for customers’ trust, Vårdapoteket was able to make the most of its unique position and locations. To add value to the asset and win a return on their investment, the client partners were willing to be brave. They looked to SDL to create something special from their small pharmacy chain: a brand and a destination to remember.