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SHOP APOTHEKE EUROPE CONTINUES TO SHAPE THE FUTURE OF ONLINE PHARMACIES. ACQUISITION OF ‘FIRST A’, A FAST TRADE PIONEER IN THE GERMAN PHARMACY MARKET.

DGAP-News: SHOP APOTHEKE EUROPE NV / Keyword(s): Takeover
12.04.2022 / 19:35
The issuer is solely responsible for the content of this announcement.

SHOP APOTHEKE EUROPE CONTINUES TO SHAPE THE FUTURE OF ONLINE PHARMACIES.
ACQUISITION OF “FIRST A”, A PIONEER IN QUICK-COMMERCE ON THE GERMAN PHARMACY MARKET.

  • Strategic acquisition of one of Germany’s q-commerce pioneers delivering pharmaceuticals door-to-door within 30 minutes.

  • Entry into the growing q-commerce market.

  • Complete the launch of the e-Rx with close partnerships with local pharmacies.

  • The strategic acquisition accelerates SHOP APOTHEKE EUROPE’s customer-centric platform strategy and strengthens its one-stop-shop position in the pharmacy space.

Sevenum, The Netherlands, April 12, 2022. Today SHOP APOTHEKE EUROPE NV acquired all shares of FIRST A. Founded as a start-up in Berlin in 2021, this company is now one of the main fast trade delivery services in the pharmacy sector in five major German cities.

The acquisition of this emerging “medicine in minutes” player completes NOW! of SHOP APOTHEKE EUROPE! service available in 14 metropolitan areas in Germany and Austria. Moreover, this blend of traditional e-commerce and innovative digital technology opens up new perspectives for future on-demand delivery of e-Rx and also strengthens our customer-centric strategy.

From the start, FIRST A’s mission has been to provide patients with fast, digital and safe access to over-the-counter products with delivery in record time from their local pharmacies. After its launch in Berlin, the German capital, FIRST A is now active in Cologne, Düsseldorf, Munich and Frankfurt with a team of more than 120 people.

Consumers simply download the FIRST A app and order the medications they need, which will then be delivered within 30 minutes by FIRST A.

Stephan Weber, CCO and co-founder of SHOP APOTHEKE EUROPE: “Through the strategic acquisition of FIRST A, we are strengthening our position as a sustainable e-pharmacy platform. Being active with two different brands to date, SHOP APOTHEKE EUROPE will not only expand its delivery options, but also cover all use cases and target groups in the e-pharmacy market, especially with regard to e-Rx.We will be able to use a wide range of synergies to better develop and exploit the potential of ACHETER APOTHEKE EUROPE in all relevant markets in the future.”

FIRST A was founded by Antonie Nissen, her brother Leif Löhde and Florian Swoboda. FIRST A is changing the pharmacy space by providing customers with ultra-fast, convenient and digital access to their medications, which will then be delivered within 30 minutes to their customer’s doorstep.

FIRST A co-founder Antonie Nissen comments, “A transaction like this is truly transformational and has never happened before in the pharmacy industry. – broad expansion, full patient reach and global strategy.”

SHOP APOTHEKE EUROPE acquires 100% of the shares of the founders of FIRST A but the company should continue to operate separately. To keep pace, the three founders and the current management team will remain on board to continue to lead and manage the growth of FIRST A. The parties have agreed not to disclose the exact purchase price.

“We are more than happy to welcome the three founders and their team to SHOP APOTHEKE EUROPE. We look forward to a very successful and exciting future with the team in Berlin”, commented Stephan Weber on the acquisition .

ABOUT THE APOTHEKE EUROPE STORE.

SHOP APOTHEKE EUROPE is one of Europe’s leading and fastest growing online pharmacies, currently operating in Germany, Austria, France, Belgium, Italy, the Netherlands and Switzerland.

Based in the Dutch logistics hub of Sevenum near Venlo with locations in Cologne, Berlin, Munich, Tongeren, Warsaw, Milan, Lille and Eindhoven, SHOP APOTHEKE EUROPE offers its customers a wide range of more than 100,000 original products at attractive prices: OTC, beauty and personal care products as well as prescription drugs, complemented by high quality natural health and food products, low carbohydrate products and sports nutrition. Currently, more than 8 million active customers trust SHOP APOTHEKE EUROPE.

Since safe and reliable pharmaceutical advice is top priority at SHOP APOTHEKE EUROPE, the online pharmacy provides comprehensive pharmaceutical advice services.

In preparation for the introduction of electronic prescriptions in Germany, the company will further enhance the customer experience with a focus on disease-specific digital medication management services following the acquisition of SMARTPATIENT in January 2021. It s This is a key part of SHOP APOTHEKE EUROPE’s strategy to transform itself from a pure online retailer into a truly customer-centric online pharmacy platform. SHOP APOTHEKE EUROPE NV has been listed on the regulated market of the Frankfurt Stock Exchange (Prime Standard) since 2016 and is part of the SDAX stock index.

12.04.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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