Custom Health Holdings to Acquire Evergreen Pharmacy

Custom Health Holdings Inc. announced it has entered into a binding letter of intent to acquire Evergreen Pharmacy. The transaction is projected to add over US$78 million in annual revenue, significantly bolstering the company's presence in the healthcare sector.

Details regarding the acquisition price and final terms were not immediately disclosed, but both parties have committed to the agreement. Evergreen Pharmacy represents a substantial addition to Custom Health's existing operations, expanding its geographical reach and customer base.

The company anticipates that the acquisition will considerably strengthen its market position and unlock synergistic benefits. This move is part of Custom Health's strategic growth plan, aimed at broadening its service offerings and increasing market share within healthcare services.

The closing of the transaction is expected to occur within the upcoming months, subject to customary closing conditions and regulatory approvals. Custom Health Holdings Inc. continues its pursuit of strategic acquisitions and organic growth within the healthcare industry.