Chemist Warehouse: Inside 'the deal of 2023'
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This week on The Fin podcast, senior reporter Carrie LaFrenz and Chanticleer columnist James Thomson on the story behind the rise of Chemist Warehouse, how the deal with Sigma will work and whether the business’ low-profile founders will cope with being out in the open.This podcast is sponsored by First Sentier Investors Further reading: Inside the Chemist franchisee world There are over 200 managing partners who are shareholders in the discount chain. They are all ambitious pharmacy owners, many with multiple sites. Chemist Warehouse's 100-year plan to be the next Walgreens Chemist Warehouse chief executive Mario Verrocchi, flagging a 100-year growth strategy, said it was a “life dream” to list the company, which has more than 600 stores in its network.Why Chemist Warehouse creates a quandary for fund managers After the initial burst of justifiable excitement generated by a chance to look at a business long hidden from public view, fund managers have started to ponder where, when and how Chemist Warehouse might fit into their portfolios. See omnystudio.com/listener for privacy information.
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