Walgreens has purchased 45 percent of the United Kingdom Health and Beauty products group Alliance Boots. This includes an option for Walgreens to buy the rest of Alliance Boots in 2015. Alliance Boots comes from Boots, and English Company since the 1800's merger with Swiss Company Alliance Unichem in 1996 to make Alliance Boots.
Combining two recognized brands with a retail foot print measurable in both large and small communities allows Walgreen's time to focus on procurement expertise.
Walgreens is now the worlds largest buyer of prescription drugs. The worlds largest buyer of prescription drugs has the best opportunity to negotiate purchase contracts for individual drugs at a reduced expense.
Prescription drug purveyors will be challenged to meet Walgreens offer to have access to this large wholesale, retail, and institutional distribution network.
Lower prescription drug investment means larger consumer market share. Money saved on medications can be spent on the many Walgreens health, food and beauty products.
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