Cara Acquire Abbey Healthcare


Cara Pharmacy Expand to Dublin & Cork

We’re delighted to announce the recent acquisition of Abbey Healthcare, a deal that brings the Cara Group to Dublin and Cork.

An exciting development for the Cara Brand, one that will see employee numbers increase from 160 to 245 and one that takes the Cara Group Nationwide

Formerly the healthcare division of Hayes Conyngham and Robinson (HCR), Abbey was set up in 2009 following the sale of HCR to Boots. The business specialises in providing outsourcing pharmacy services to nursing homes, long-term care institutions and hospitals. The group, which employs 85 people, operates outlets in Dún Laoghaire in Dublin and in Bishopstown, Cork.

Its Dublin operation was the second highest recipient of HSE pharmacy fees in the State in 2015, receiving €866,572 for dispensing drugs and medicines under various Government schemes.

 

Speaking on behalf of the Cara Pharmacy, Ramona Nicholas said: “We have been searching for the correct site for expansion into Dublin for quite some time now, and we see Abbey Healthcare as the perfect acquisition. It is a great fit for us both in terms of location but also an amazing chance for us to develop our skills in the service of Nursing Homes. We look forward to continuing to provide the excellent service Abbey Healthcare has been providing over the years. Moving to Cork also makes us a national brand and through the statistics on our online shop, we believe our brand will continue to grow there also.”

Canice Nicholas, Joint Managing Director of the company said: “We are delighted to have completed this deal. We do not plan on immediately making any changes to the composition of Abbey Healthcare, and we value the extensive knowledge and experience of Managing Director Michael Shiell and all the existing staff. The management team are also a huge asset to the business and we do not plan to make any changes to the staffing structure.

“Through time, we will integrate the Cara business model, but our motto on all acquisitions is to get to know the company and their people first, most importantly.”

Canice & Ramona pictured outside Abbery Healthcare in Dún Laoghaire