Pelion's CEPD given green light for Natura drug store takeover

The Polish Office of Competition and Consumer Protection (UOKiK) has given the go-ahead for Pelion Healthcare Group's subsidiary CEBD N.V. to take over Polbita and their network of drug stores. Drogerie Natura is a network of 258 stores located in Poland. Polbita's owner Alior Bank will have sold 100 percent of shares in the chain. The stores employ 1,500 workers. Polbita's 2013 revenue reached PLN 420 million. In surveys, it is the third most popular drug store chain in Poland, as reported by ISBnews. CEBD N.V. is a retail pharmaceutical distributor with presence in Poland, Lithuania and the UK.