Hygie31/Ecoceutics press release – 27 June 2022
Hygie31 takes over Ecoceutics, one of Spain's leading pharmacy sector players, and confirms its European ambitions
Following the 2021 takeover of Cocooncenter and the alliance with Gener+ at the start of this year,
Hygie31, French Group specialized in Healthcare and wellness (6 chain brands, 700 member
pharmacies, 52 eyewear and optical product stores, 24 medical equipment stores, 2
e-over-the-counter pharmacy, healthcare & beauty product sites, turnover of 1.7 billion euro in
2021), announces the takeover of Ecoceutics, one of Spain's leading consortia and pharmacy
chains (156 pharmacies, turnover of 200 million euro, headquartered in Barcelona). Thanks to this
strategic acquisition, Hygie31 has become the first French player to export its model across
Europe. As such, it confirms its ambition to become a key player in Healthcare and wellness on the
French and European markets.
For Francesc Vila, Ecoceutics CEO
"I'm delighted with this new milestone in Ecoceutics' development and the opportunities for growth
and development that the alliance with Hygie31 offers. Thanks to the expertise that made the
Pharmacie Lafayette business concept a great success, we'll be able to boost our chain's appeal
and develop new offers and services that will strengthen the competitiveness of our current and
future pharmacies. Last but not least, this partnership will enable us to take advantage of
procurement synergies that will give us more influence in the healthcare sector in Spain. As
healthcare professionals, joining Hygie31, which has been promoting access to healthcare for
everyone since the word 'go', enables us to continue to grow, while staying true to the values we
cherish and share."
For Hervé Jouves, Hygie31 CEO
"This new acquisition-led growth further fulfils our desire to develop a real European healthcare
ecosystem and our ambition to be a key player in the Healthcare and wellness sectors, in particular
on the dispensing pharmacy market. The Spanish market, which is worth 22 billion euro, is quite
similar to the French market: 3 to 4% growth a year, with comparable growth drivers. Joining forces
with Ecoceutics was but obvious to strengthen our development drive. This new acquisition enables
us as such to become the first French Group to establish itself outside France: we will increase our
procurement capacity and will be able to negotiate better business terms for our members.
Ecoceutics' extensive IT and back-office expertise will also enable us to ramp up the development
of new tools, which we'll roll out across the Group."
About Ecoceutics
Ecoceutics S.L., founded in Barcelona in 2005, is a Spanish consortium that rolls out a pharmacy
concept, develops services and negotiates procurement terms on behalf of its members. Mainly
spread across the Barcelona, Girona and Balearic regions, it is one of Spain's leading consortia and
the most well-known pharmacy chain in Spain. It is owned by 27 network member pharmacists and
employs 18 people. The network totals 156 pharmacies and recorded turnover of 200 million euro in
2021.
From left to right: Valero Pallas (Ecoceutics MD), Francesc Vila (Ecoceutics CEO) and Hervé
Jouves (Hygie31 CEO)