PHARMACY business and finance broking company AP Group, operated by Managing Director Rob Whelan and IF Business Broking, operated by Managing Director Ian Fedrick have officially announced their merger 01 Mar 2019, creating the country's largest pharmacy brokerage business.
The combined businesses will trade under the AP Group banner and according to both MD's, best practice from both organisations will be adopted to present one improved national offering.
The amalgamation places the new and improved AP Group as a clear market leader in the space.
Whelan said, "Increasingly customers are demanding access to a national stock offering, a larger pool of buyers and expert local knowledge.
"It boils down to achieving faster sales, better prices and an improved customer experience.
"Bringing AP Group and IF Business Broking together helps deliver that for our customers."
Fedrick commented, "IF Business Broking have been a long-standing leader in the northern states, while AP Group have traditionally been strongest in the southern states."
"The merger combines two like-minded business and will result in better-outcomes for our customers."
Since its inception as a pharmacy business brokerage in 2011 AP Group has grown significantly, adding a finance broking service in 2013 and legal practice in 2016.
Whelan highlighted that the breadth of offering allows AP Group to manage all aspects of the sale process thus shortening time to settlement.
The above article was sent to subscribers in Pharmacy Daily's issue from 05 Mar 19
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