Lloyds Pharmacy owner acquires McCabes Pharmacy chain

Deal will create a chain of 114 stores countrywide

Sharon McCabe, chief executive of McCabes Pharmacy.

Lloyds Pharmacy owner, PHX Ireland, has agreed to acquire McCabes Pharmacy in a deal which will create a chain of 114 stores countrywide.

The deal means the two retail entities will merge their operations and trade under the McCabes brand. The new single operation will be run by Sharon McCabe — who has been chief executive of McCabes Pharmacy since 1999.