NextPlat to Acquire Pensacola-Area Pharmacy, Expanding Florida Footprint and Adding Approximately $5.6M in Profitable Annual Revenue

NextPlat Corp (NASDAQ: NXPL) (“NextPlat” or the “Company”), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, announces the strategic acquisition of an independent pharmacy (“the Pharmacy”) in a rural community near Pensacola in the panhandle region of northwest Florida. NextPlat has agreed to acquire the Pharmacy and its inventory for total cash consideration of $1.5 million. The Pharmacy, serving the local community for over 25 years, has provided customers with prescription medications fulfillment, over-the-counter (OTC) products, durable medical equipment, and healthcare advisory services in a rural market overlooked by the large national retail chains.

Read the full article: NextPlat to Acquire Pensacola-Area Pharmacy, Expanding Florida Footprint and Adding Approximately $5.6M in Profitable Annual Revenue //

Source: https://www.prnewswire.com/news-releases/nextplat-to-acquire-pensacola-area-pharmacy-expanding-florida-footprint-and-adding-approximately-5-6-million-in-profitable-annual-revenue-302825868.html

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