McCann FitzGerald LLP advises Navicorp Limited on the sale of a majority stake to Hygie31

We are pleased to have acted for the shareholders of Navicorp Limited on the sale of a majority stake to French healthcare company Hygie31.

Navi is the leading independent pharmacy services platform in Ireland and has a network of over 100 independent pharmacies through its franchise management services.

Hygie31, a major European healthcare group affiliated with over 3,900 independent pharmacies with a combined turnover of €5bn, plans to further expand Navi under the strategic partnership.

Terms of the deal were not disclosed.

The McCann FitzGerald LLP team was led by Stephen Fuller, Jerome Kennedy, Clarissa Mulcahy, Lara O’Donohue and Claire Barry, and included Paul Lavery, Catherine Walsh, Catherine Derrig, Rory Purcell, Laura Treacy, Caitriona Callinan, Conor Cunningham, Audrey Byrne, Jaime Flattery, Thomas O’Keeffe and Peter Osborne.

Key Contacts