The Co-op returns to pharmacy with Dimec deal

Co-op Dimec

The Co-op is poised to return to pharmacy with the acquisition of digital platform Dimec.

According to Sky News, the mutual, which operates the Co-op grocery and convenience stores, has struck a deal with Dimec four years after it offloaded its bricks-and-mortar chemist chain.

Dimec is an NHS-approved app that enables customers and pharmacists to manage repeat prescriptions.

The deal is expected to be confirmed alongside the Co-op’s half-year results on Friday.

Sky News reports that it cost the company a modest £10 million to make the acquisition, and would be used as a platform by the Co-op to build its health and wellbeing-related offerings.

Dimec was founded in 2013 and has relationships with all 12,000 pharmacies in England.

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