{"id":570700,"date":"2020-04-12T04:38:11","date_gmt":"2020-04-12T04:38:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/"},"modified":"2020-04-12T04:38:11","modified_gmt":"2020-04-12T04:38:11","slug":"pharma-chain-19011-buys-roshdy-for-egp-362-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/","title":{"rendered":"Pharma chain 19011 buys Roshdy for EGP 362 mn"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>M&A WATCH- Pharma chain 19011 has acquired 100% of Roshdy Group in <\/strong><strong>a transaction worth EGP 362 mn<\/strong>, <a href=\"https:\/\/alborsaanews.com\/2020\/04\/11\/1319221\">according to the local press<\/a>. This is the second chain 19011 has acquired after buying Al Image Group\u2019s 17 outlets last year in a transaction worth c. EGP 80 mn. 19011 is a market newcomer, having launched only three years ago. The chain has <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/29\/egypts-pharmacists-syndicate-probes-into-law-breach-by-pharmacy-chain-19011-2\/\">come under scrutiny<\/a> by the Pharmacists\u2019 Syndicate, which launched an investigation for a suspected breach of a law stipulating that pharmacists should own no more than two retail branches. A Health Ministry body <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/27\/health-ministry-permanently-suspends-el-ezaby-roshdy-from-pharmacy-registry\/\">permanently suspended<\/a> Roshdy Group\u2019s Hatem Roshdy from its registry last year over licensing-related breaches.<\/p>\n<p><strong>Naeem Securities<\/strong> brokered the transaction between 19011 and Roshdy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Pharma chain 19011 has acquired 100% of Roshdy Group in a transaction worth EGP 362 mn, according to the local press. This is the second chain 19011 has acquired after buying Al Image Group\u2019s 17 outlets last year in a transaction worth c. EGP 80 mn. 19011 is a market newcomer, having launched [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[2027,4925,72,7128,427,4924,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570700","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-2027","tag-al-image","tag-enterpriseam","tag-ma-watch","tag-pharma","tag-roshdy","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b7f55d7f-d94a-4d37-aa49-e2e9ce741c1b","is_powered_by":true,"section_story_id":"0524268a-9b1e-4b7a-9c89-b2f9f8e3d82e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570687],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pharma chain 19011 buys Roshdy for EGP 362 mn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma chain 19011 buys Roshdy for EGP 362 mn\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Pharma chain 19011 has acquired 100% of Roshdy Group in a transaction worth EGP 362 mn, according to the local press. This is the second chain 19011 has acquired after buying Al Image Group\u2019s 17 outlets last year in a transaction worth c. EGP 80 mn. 19011 is a market newcomer, having launched [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-12T04:38:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pharma chain 19011 buys Roshdy for EGP 362 mn\",\"datePublished\":\"2020-04-12T04:38:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"19011\",\"Al Image\",\"EnterpriseAM\",\"M&amp;A Watch\",\"pharma\",\"Roshdy\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\",\"name\":\"Pharma chain 19011 buys Roshdy for EGP 362 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-04-12T04:38:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pharma chain 19011 buys Roshdy for EGP 362 mn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pharma chain 19011 buys Roshdy for EGP 362 mn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/pharma-chain-19011-buys-roshdy-for-egp-362-mn\/","og_locale":"en_US","og_type":"article","og_title":"Pharma chain 19011 buys Roshdy for EGP 362 mn","og_description":"M&A WATCH- Pharma chain 19011 has acquired 100% of Roshdy Group in a transaction worth EGP 362 mn, according to the local press. 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The investigation was opened after its owners\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596393,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/health-ministry-permanently-suspends-el-ezaby-roshdy-from-pharmacy-registry\/","url_meta":{"origin":570700,"position":1},"title":"Health Ministry permanently suspends El Ezaby, Roshdy from pharmacy registry","author":"enterpriseam admin","date":"27 August 2019","format":false,"excerpt":"DISPUTE WATCH- Health Ministry permanently suspends El Ezaby, Roshdy from pharmacy registry: A Health Ministry body has permanently removed pharmacists Ahmed El Ezaby and Hatem Roshdy from its registry over licensing-related breaches, Al Shorouk reported. The ministry\u2019s Central Administration for Free Treatment and Licensing (CAFTL) has reportedly notified the Pharmacists\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543922,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/24\/fines-jail-time-for-improperly-licensed-pharmacies-no-more-blinding-billboards\/","url_meta":{"origin":570700,"position":2},"title":"Fines + jail time for improperly licensed pharmacies + no more blinding billboards","author":"enterpriseam admin","date":"24 February 2022","format":false,"excerpt":"Bigger penalties for improperly licensed pharmacies: The Madbouly Cabinet approved yesterday proposed amendments to the Pharmacists Act that would impose more stringent penalties or jail time on those who set up pharmacies by \u201cborrowing\u201d another pharmacist\u2019s name and license, according to a statement.What do you mean \u201cimproperly licensed\u201d? 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This follows another discovery in March, which is set to start\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632654,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/etisalat-misr-to-invest-egp-2-5-bn-this-year-to-develop-infrastructure\/","url_meta":{"origin":570700,"position":4},"title":"Etisalat Misr to invest EGP 2.5 bn this year to develop infrastructure","author":"enterpriseam admin","date":"15 February 2018","format":false,"excerpt":"Etisalat Misr is planning to invest EGP 2.5 bn this year to develop its infrastructure and expand its 4G services network, CFO Ehab Roshdy tells Al Mal. 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