Sam McCauley chemist plans major growth

The new owner of Sam McCauley Chemists which operates 30 chemists and an online store plans to aggressively expand the chain after paying around €50m for a significant majority stake in the firm.

Sam McCauley chemist plans major growth

Equity fund The Carlyle Cardinal Ireland Fund has indicated it aims to double the sales of the group, which posted a turnover of over €74.78m in 2015, by growth and acquisitions.

Samuel McCauley, the main shareholder in the Co Wexford-based retailer, has retained a sizeable minority stake in the firm.

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