We are delighted to announce that Sigma Healthcare has merged with the Chemist Warehouse Group (CW) and have new shares trading on the ASX today.

This merger is truly transformational creating a leading Australian retail pharmacy franchisor and full-line pharmaceutical wholesaler and distributor with diversified and scaled operations and earnings base. Bringing together a compelling combination of Sigma’s extensive state-of-the-art distribution infrastructure with Chemist Warehouse’s leading retailing know-how, Sigma trading as a newly merged entity is a very exciting moment for both companies.

As a publicly traded company that has been listed for over 20 years on the ASX, we remain committed to strong governance, sustainable business practices, and delivering long-term value to shareholders, customers, and the broader healthcare community. Due to the complementary nature of our businesses, we believe this merger has the potential to accelerate our strategic direction and create additional value for our franchisees and consumers.

Vikesh Ramsunder, Sigma CEO and Managing Director said “Reaching this milestone today with the strong support we’ve received from shareholders – both new and long term – is incredibly humbling. It marks the pinnacle of a multi-year engagement process which wouldn’t have been possible without the continued dedication and commitment of hard-working team members from both companies and support from our franchisees.”

It is an exciting phase ahead. We now have a business of significant scale with a broader suite of expertise, assets and capabilities to draw on and capture the next wave of growth opportunities.

“The hard work is just beginning as we welcome customers, employees and franchisees into the fold. Our focus is on integrating the two businesses to deliver great prices, high-quality healthcare services and long term sustainable growth for shareholders,” Vikesh said.

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