Scottish pharmacy group acquires new Musselburgh store using seven-figure financial backing

21/08/2020
M&Ds new store in Musselburgh

ONE of Scotland’s largest independent pharmacy operators has acquired a new store in Musselburgh using seven-figure financial backing support from HSBC UK.

M&D Green Group, based in Glasgow, plans to retain all existing staff at Eskside Pharmacy on Musselburgh’s High Street, and recruit a new, full-time delivery driver.

It will also fully refurbish and re-brand the store from September as part of the acquisition.

The deal continues the Group’s growth plan of expanding across the central belt and follows the purchase of five Thomas McLean & Son’s pharmacy units in 2018, also funded by HSBC UK.

Martin Green, M&D Green Group owner, said: “HSBC UK has continually backed our ambitious growth plans and the support to purchase the pharmacy in Musselburgh is an important next step in our overall expansion plan throughout Scotland.”

It takes the group’s total number of units in Scotland to 24 and adds to M&D Green’s growing portfolio of pharmacies across Scotland, made up predominantly of stores across the central belt, in Glasgow, Renfrewshire, Inverclyde, Lanarkshire, North Ayrshire and now Lothian.

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