The private equity firm acquired assets in transactions valued at up to $23.7bn. New York-based private equity firm Sycamore Partners completed the acquisition of retail pharmacy company Walgreens Boots Alliance Inc(WBA).
WBA is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day. With approximately 12,500 locations in the US, Europe, and Latin America, its consumer brands include Walgreens, Boots, Duane Reade, No7 Beauty Company, and Benavides.
WBA, under the Boots brand , also has a presence in Milan and was a supplier to Esselunga (beauty products).
Covid- 19, Amazon and Walmart contributed to its sale to Sycamore.
