Kellerhals Carrard advises Galenica on its JV with Shop Apotheke Europe

Galenica and Shop Apotheke Europe are combining the business activities of the specialty pharmacy Mediservice and the online pharmacy shop-apotheke.ch in a joint venture. This combination creates the leading online pharmacy in Switzerland. Shop Apotheke Europe will hold 51% and Galenica 49% of the joint venture. The transaction will be executed after the approval of the competition authorities, which is expected in the first half of 2023.

Kellerhals Carrard supported Galenica throughout the entire process, in particular with regard to the transaction structure, competition law issues as well as the drafting and negotiation of the contracts. The team was led by partner Beat Brechbüh (pictured) and included Daniel Emch, Reto Schumacher, Patric Brand, Stefanie Karlen and Robin Juchler.

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