Deerfield, Ill. Walgreens announced Friday that it would acquire the assets of 12 Eaton Apothecary pharmacies in the Boston area from D.A.W., a subsidiary of Nyer Medical Group. The transaction is valued at approximately $19 million.
“I am happy to say that Walgreens interest in Eaton’s has been beyond buying only prescription files -- they will continue to operate a majority of the 12 stores as well as hire all eligible employees from the 12 locations,” said Mark Dumouchel, president of D.A.W. and Nyer Medical Group. “I am confident that the best choice for our customers and employees is Walgreens.”
The acquisition is subject to certain terms and conditions, and is expected to close within the next 90 days.