Callisto's Medical Pharmacies closes buy of Desjardins Healthcare

Medical Pharmacies Group Ltd (MPGL) has completed its previously announced purchase of Desjardins Healthcare Group, an Ottawa-based provider of specialty pharmacy services, medical supplies and equipment. The acquisition price was not disclosed. The Pickering, Ont.-based MPGL, which specializes in pharmacy services to long-term care facilities and retirement homes, has been a portfolio investment of Canadian private equity firm Callisto Capital since 2011. In 2012, MPGL bought three B.C.-based pharmacies, Marks Pharmacy, Okanagan Resident Plus Pharmacy and Resident Plus Pharmacy in Surrey.

1 November 2013•2 mins read
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