A new chain pharmacy, RedCap Pharmacy was launched in Malaysia
today. To date, the chain operates 25 stores, of which 8 are in the Klang
Valley. The plan is for 70 pharmacies to be operating throughout the country by
end 2016. They intend to expand and reach up to 300 stores over the next three
years.
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| RedCap Pharmacy in Malaysia |
RedCap Pharmacy is a chain operated by professional pharmacists
with product knowledge, offering peninsular-wide distribution, at conveniently
located deep within local communities.
Creador, a private equity firm focusing on long-term investments
in the region, announced today its entry into the pharmacy retail business
through RedCap Pharmacy (RedCap) and unveiled plans to grow the chain into a major
national player.
According to Mr. Brahmal Vasudevan the Founder and CEO, Creador has
set aside RM100 million to support RedCap’s growth. In phase one, Creador
acquired D’Apotic Pharmacy last April as the platform to grow this investment.
D’Apotic has strong presence in Johor and is known for its quality service and product
knowledge.
For phase two, Creador partnered with Mr Ian Cruddas, who has been
in Malaysian since the late 90s and was instrumental in building out some of
the large retail chains in Malaysia.
Mr Ian Cruddas, who is CEO and Managing Director of Redcap said at
the launch: “The underlying principle of RedCap Pharmacy is totally dedicated
to health, as all our stores would be led by professional pharmacists and a
team that is 100% focused on product knowledge and customer service.”
Everyone walking into a RedCap Pharmacy would be able to feel the
modern, fresh and informative environment. RedCap Pharmacy is the local high
street pharmacy that is committed to our wellbeing.
Congratulations to the launching of Red Cap. Looks like the company is promising. Do you happen to know if they will also open here in the Philippines?
ReplyDeleteIt sounds like a great pharmacy. And who wouldn't want a reliable pharmacy in their neighborhood, right? Looks like a successful launch as well.
ReplyDeleteWow, to have 300 stores n next 3 years, that means 100 per year and 1 store every 3 days! That's crazy~ I hope it's a great brand that can help more people!
ReplyDeleteCongratulations to recap on this achievement. They seems to be doing a great job with these many stores coming up.
ReplyDeleteWe need a pharmacy like RedCap in Manila! I love the work philosophy! :D
ReplyDeleteGood that you have RedCap launched in your city. They seem to have an amazing track record.
ReplyDeleteI've never heard of RedCap, but it sounds awesome like an awesome and caring company!!
ReplyDeleteRedcap sure does sound like pharmacy that is indeed interested in the comfort of its customers. I wish them plenty of success!
ReplyDeleteCongrata to redcap. Wishing them all the success
ReplyDeleteThe pharmacy personal statement is interesting to starting a career in medicine. It seems to be very creative.
ReplyDeleteWow, great post.
ReplyDeleteIt was very useful post.
ReplyDelete