Member Article

Businessman acquires Chesterfield pharmacy with support from Yorkshire Bank

A Chesterfield pharmacy has been acquired by a pharmacist and businessman with help from Yorkshire Bank.

Calow Pharmacy, has been acquired by Pete Johal, who has purchased the business after securing funding support from Yorkshire Bank in Nottingham.

The deal was arranged by healthcare business development manager, Graham Harper, from the Bank’s Business and Private Banking Centre in Nottingham.

Pete will oversee a team of seven; including five dedicated staff and two drivers. In addition to their own experience, Peter brings an impressive 17 years’ expertise of working in the industry, something he hopes will ensure the pharmacy continues to provide an excellent service to the local community in Chesterfield.

The purchase of the pharmacy marks Pete’s first business purchase. Since coming under new ownership, Calow Pharmacy has also secured a new customer in a local care home, Amberley Nursing Home, which the pharmacy will now deliver medicines to every week.

He said: “I’ve worked in the industry for nearly 20 years and I’ve always wanted to work for myself so I jumped at the opportunity to purchase Calow Pharmacy.

“It already has an excellent reputation in Chesterfield and the team provides a vital service to the local community, so it’s great to be able to play a role in providing that service.

“The team at the Bank have been very supportive in recognising and supporting my ambitions, taking the time to understand the business. I look forward to working with them in the future.”

Carl Dickinson, Head of Business and Private Banking for Yorkshire Bank in Nottingham said: “Pete brings huge experience of working in the industry, which will only serve to bolster the already excellent customer service Calow Pharmacy provides.

“We look forward to providing ongoing support to Pete and the team at Calow as they continue to serve the local community in Chesterfield.

“As the business community continues to display more confidence in the economic recovery , Yorkshire Bank will continue to focus on investing in firms like Calow Pharmacy.”

This was posted in Bdaily's Members' News section by Clare Burnett .