Retail (pharmacy)

The retail (pharmacy) business is the largest pharmaceuticals retailer and wholesaler in Georgia, with a 35% market share by revenue. The business consists of a retail pharmacy chain and a wholesale business that sells pharmaceuticals and medical supplies to hospitals and other pharmacies. The pharmacy chain operates a total of 368 pharmacies (of which 359 are in Georgia, and 9 are in Armenia) and 10 franchise stores.

Documents1


Prior year public statements of GHG (before cancellation of listing and trading of GHG shares on the premium segment of the London Stock Exchange) are available on its official website.
2 In 2021, GHG signed a share purchase agreement to acquire the remaining 33% minority interest in its retail (pharmacy) business by 2027. The buyout will be executed in six annual tranches.