Hogan Lovells advises SHOP APOTHEKE EUROPE N.V. on establishment of joint venture and capital increase

Press releases | 26 May 2023

Led by partners Danielle du Bois-Buné and Prof Dr Michael Schlitt, global law firm Hogan Lovells and a team of Dutch and German lawyers advised SHOP APOTHEKE EUROPE N.V. ("SHOP APOTHEKE EUROPE"), which will operate as Redcare Pharmacy N.V. in the future, on corporate and capital markets law issues relating on the establishment of a joint venture with GALENICA AG ("GALENICA") and the implementation of a capital increase.

SHOP APOTHEKE EUROPE and the internationally active Swiss integrated healthcare service provider GALENICA, operating in the segments Products & Care and Logistics & IT are joining the business activities of shop-apotheke.ch and the specialty pharmacy MediService AG in a joint company as part of a strategic partnership.

Approximately 1.2 million new shares were issued to GALENICA as part of the capital increase.

Hogan Lovells Team for SHOP APOTHEKE EUROPE N.V.

Danielle du Bois-Buné (Partner, Corporate), Prof Dr Michael Schlitt (Partner, Capital Markets, both Lead), Dr Susanne Ries (Of Counsel, Capital Markets), Chantalle Schoegje (Senior Associate, Corporate), Christian Schröder (Senior Associate, Capital Markets), Georgi Boyadzhiev (Associate, Corporate).