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February 07, 2016 1:14 AM ET

Healthcare Providers and Services

Company Overview of Alliance Boots Holdings Limited

Company Overview

Alliance Boots Holdings Limited, together with its subsidiaries, engages in pharmacy-led health and beauty retailing, and pharmaceutical wholesaling and distribution activities. It offers cosmetics, fragrances, and accessories, as well as hair care and personal care products primarily under the No7, Soltan, and Botanics brand names; natural skincare products under the Liz Earle brand; and generic medicines under the Almus brand. The company also provides beauty products under the Boots Laboratories brand name; health care products, including therapeutically proven medicines, natural alternatives, vitamins, and first aid products under the Boots Pharmaceuticals brand name; and patient care pr...

Sedley Place

4th Floor

361 Oxford Street

London,  W1C 2JL

United Kingdom

Founded in 1849

Key Executives for Alliance Boots Holdings Limited

Group Finance Director and Executive Director
Age: 58
Head of Estates
Company Secretary
Director of Healthcare, Health & Beauty UK and Republic of Ireland
Age: 40
Special Consultant
Age: 66
Compensation as of Fiscal Year 2015.

Alliance Boots Holdings Limited Key Developments

Boots to Cut Up to 350 Jobs in Bigger UK Stores

Boots is to cut up to 350 jobs in the UK as the pharmacy chain looks to reduce costs in its larger stores. This is the second round of job cuts at Boots in the last seven months, after an announcement in June last year that the company would cut 700 jobs in offices around the UK. In the latest round of redundancies, the company plans to cut between 300 and 350 assistant store managers at its biggest stores. The latest reduction in the workforce will be achieved through a "combination of natural attrition, redeployment, retraining and redundancy. The cuts are part of a drive to simplify the management structure within stores. Boots also announced that 400 employees working on its customer helplines will move to Teleperformance, which runs customer help centres for companies. The employees will continue to be based at Boots's head offices in Nottingham and retain their pay and benefits.

Boots Opens New Outlet at Bridgewater Shopping Centre in Arklow

Boots to open a new outlet in the former Hickeys Chemist store at Bridgewater Shopping Centre in Arklow, Co Wicklow. The new trader will pay a rent of EUR 285,000 for 353 sq m (3,800 sq ft) on the main mall under a new ten year lease.

Boots to Cut 5% of Work Force

Boots announced plans to cut 700 jobs in the UJ as part of cost-cutting program by its newly merged parent company Walgreens Boots Alliance. The remaining 300 jobs will cut from Boots's other offices around the UK.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 2, 2015
Megapharm GmbH
Merger/Acquisition
July 9, 2015
Liz Earle Beauty Co. Limited
 

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