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Harper Macleod advise Dickson Chemist on the acquisition of two pharmacies

Harper Macleod is delighted to have advised J. & J.G. Dickson & Son Limited t/a Dickson Chemist on the acquisition of two pharmacies trading as Leslie Chemist in Cambuslang. Dickson Chemist is an award-winning, family owned group who now have 10 pharmacies following some other recent acquisitions. Leslie Chemist is a family owned business dating back to the 1930s and was sold to allow the previous owner to retire.

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Harper Macleod's healthcare team was led by Craig Ramsay with assistance from Lamia Al-Lamki. The pharmacies were sold off a combined asking price of £5,500,000. 

"Dickson Chemist is an ambitious business with an excellent reputation so we were delighted to act for them on another acquisition.  We wish Stephen and Nadine all the best and look forward to seeing their business go from strength to strength.  Harper Macleod's healthcare team continues to be busy acting for a range of clients on acquisitions and disposals which is great to see given the ongoing challenges due to coronavirus." – Craig Ramsay, Senior Associate

"We have recently used Harper Macleod to complete two acquisitions of 4 pharmacies. These are very complicated transactions with large amounts of due diligence required, and of very high value. There are always inherent risks with these sort of transactions, namely purchasing of a limited company - rather than an asset sale. The experience, particularly the communication and attitude of their staff (namely Lamia) has been excellent throughout both transactions. Neither transaction went exactly to plan, and Harper Macleod were always the first to be on the case and finding a solution to a complex problem. I would not hesitate to recommend them to other businesses owners in a similar situation." – Stephen Dickson, Director of Dickson Chemist

For more information please get in touch with Craig Ramsay or Lamia Al-Lamki.

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