Express Rx Announces Agreement to Acquire 10 Fred's Pharmacy Locations
Express RX announced that it will acquire ten Fred’s Pharmacy locations across five states in rural areas of the Southeast United States. The folks at Express Rx are excited about the opportunities presented by this acquisition, including the ability to continue a history of excellent patient care, to provide quality healthcare in rural areas, and to maintain employment at these locations. The stores will continue to operate at the same locations and will undergo a name change from Fred’s to Express Rx. The acquisition stores are as follows:
Fred’s Pharmacy, 303 N. Hood St., Lake Providence, LA
Fred’s Xpress, 705 Plank Rd Hwy 128, Saint Joseph, LA
Fred’s Pharmacy, 2001 W Court St., Winnfield, LA
Fred’s Pharmacy, 1068 Hwy 61 N., Tunica, MS
Fred’s Xpress, 801 E Jackson Rd, Union, MS
Fred’s Xpress, 101 W Sweet Potato St., Vardaman, MS
Fred’s Pharmacy, 251 S Washington St., Ripley, TN
Fred’s Pharmacy, 211 South Main St., Morgantown, KY
Fred’s Pharmacy, 1128 Second Ave NE, Fayette, AL
Fred’s Xpress Pharmacy, 1360 Military St. S, Hamilton, AL
The acquisition, which is expected to take place in early November, is subject to satisfaction of the conditions set forth in the asset purchase agreement with Fred’s.
About Express Rx
Express Rx combines old-fashioned service with the latest technologies to provide its customers with the most efficient and comprehensive pharmacy experience possible. Beginning with the opening of its first store in 2013, Express Rx has expanded to eight store locations in Oklahoma, Missouri and Arkansas. For additional information, please visit our website at www.expressrx.net.