CFAO Healthcare has finalized its acquisition of Goodlife Pharmacy, Kenya’s largest private retail pharmacy chain, with plans to establish local pharmaceutical manufacturing in Kenya to combat counterfeit drugs.

• Goodlife Pharmacy currently operates nearly 150 branches in Kenya and Uganda, serving over two million customers annually.
• LeapFrog Investments, which initially invested Sh2.2 billion in Goodlife in 2016, has fully exited through this deal.
• CFAO Healthcare Chief Executive Jean Marc Leccia stated that the acquisition accelerates their transformation into a global healthcare player and that the Goodlife brand name and identity will remain unchanged.