Wikipedia

Kronans Apotek

Kronans Droghandel Apotek AB, doing business as Kronans Apotek, is a Swedish pharmacy company. The pharmacy chain is owned by the Finnish company Oriola Oyj-KD, which is listed on the Helsinki Stock Exchange.[3] Kronans Apotek has 326 pharmacies across Sweden, and over 65,000 customer visits per day.[4]

Kronans Droghandel Apotek AB
Kronans Apotek
Company typeSubsidiary
IndustryPharmacy (shop)
Founded1907; 117 years ago (1907)
FounderGustaf Bernström
Headquarters
Stockholm
,
Sweden
Area served
Scandinavia
Key people
ServicesWholesaling, Retailing
RevenueDecrease 7 billion SEK (2016)
Number of employees
c. 2,600[2]
ParentOriola-KD
Websitewww.kronansapotek.se

Kronans Apotek is Sweden's third largest pharmacy chain with more than 300 stores from Trelleborg in the south to Malmberget in the north.[5] As of April 8, 2013, Kronans Apotek AB operates as a subsidiary of Oriola Oyj.[6] Oriola is also a pharmaceutical wholesaler and also markets supplies.[7] Since 2013, the company operates pharmacy operations under the name of Kronans Apotek. Kronens Apotek has a turnover of around 7 billion SEK a year.[8] In Sweden, Laastari has begun to work with Kronans Droghandel Apotek.[9] A company named ICT has previously handled the customer service to Kronans Apotek, which, through its owner early in 2013, bought the chain Medstop with 69 pharmacies.[10]

After deregulation, Kronans Apotek expanded their supply chain to include retail stores.[11] This resulted in existing retailers expanding their supply chain upstream, as did Apoteket Hjärtat, who now have their own supplier, Apo-Pharma.[11] Through the agreement between Tamro AB and Kronans Apotek, a number of pharmaceutical companies undertake to distribute drugs on the Swedish market only through one of these companies.[12] Nowadays, the association has been handed over to the Crown's drug distribution in Gothenburg, purchasing and reselling the drugs at the price determined by the association.[13]

Corporate affairs edit

Pharmaceuticals are delivered mainly to pharmacies from the wholesalers Tambro AB and Kronans Apotek, These two companies trade in pharmaceuticals, known as single-channel distribution.[14] Wholesalers in Sweden, two companies hold licenses to supply medical goods to pharmacies, Kronans Droghandel (KD) and Phoenix.[15] Both wholesalers hold a market share of approximately 50%.[16]

Sales edit

In November 2017, total sales increased by more than 400% compared with the same period last year.[17] The number of visits also doubled in comparison with the previous year.[17]

History edit

Early history (1700s-1959) edit

Apoteket Strutsen in Gothenburg was run by the pharmacist Franz Martin Luth in the early 1700s. In 1907, Gustaf Bernström became the owner of Kronans Apotek, and he also had a decisive influence on the pharmacy Lejonet between 1908 and 1920,[18] when the sister who widowed Vitus Anderson formally stood as the owner of the pharmacy.[18] In 1959 a consortium owned by the company Kronans Droghandel was bought.

Growth (1960-2009) edit

In 1964, sales in Kronans Apotek amounted to 31,3 million SEK, of which 28.0 million SEK were to pharmacies.[19] Following the initialization of the apothecary in 1971, Kronans Droghandel continued with the distribution of pharmaceuticals to state-controlled Apoteket, later Apoteket AB. When the drug supply investigation in 1969 submitted its report these were: Apotekernes Droghandel AB, Kronans Droghandel, Apoteksvarva Vitrum Apotekare, Astra Distribution and AB Pharmaceutical Distribution.[20]

2009-present edit

The company was owned 80% by Oriola, and 20% by Kooperativa Förbundet KF. As of November 2012, Kronans Droghandel is owned 100% by Oriola-KD. In 2013, Oriola-KD acquired a Swedish pharmacy chain Medstop, Medstop and Kronans Droghandel were merged into a single pharmacy chain, Kronans Apotek.[21] The purchase meant that the market share was 21% and comprised 290 pharmacies.[22] It also meant that the addition of KD helped boost the company's distribution wing to represent some 72% of Orion's total revenue.[23] That company remained separate from Oriola.[23] In September 2017, Kronans Apotek was nominated for Svenska Designpriset along with at least 4 apps.[24] On January 1, 2018, Kronans Apotek will replace old plastic bags with new ones with 100% recycled plastic LDPE.[25]

See also edit

References edit

  1. ^ "Han går från Ica till Apotek". Dagens Handel. Retrieved 2018-03-30.
  2. ^ "Kronans Apotek". www.kronansapotek.se (in Swedish). Retrieved 2018-03-28.
  3. ^ "Kronans Apotek". Dagens Medicin (in Swedish). Retrieved 2018-03-28.
  4. ^ "Idag tillträder Anders Torell som ny VD på Kronans Apotek". Mynewsdesk (in Swedish). Retrieved 2018-03-28.
  5. ^ "Kronans Apotek - Hökarängen i Centrum". Hökarängen i Centrum (in Swedish). Retrieved 2018-03-28.
  6. ^ "Kronans Droghandel Apotek AB: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-03-29.
  7. ^ Nelson Information's Directory of Investment Research. Nelson Information. 2006.
  8. ^ "Öppettider till Kronans Apotek Centrum i Halmstad". Öppettider.nu (in Swedish). Retrieved 2018-03-29.
  9. ^ "isbn:3319264400 - Sök på Google" (in Swedish). Retrieved 2018-03-29.
  10. ^ "ICT - International Clinical Testing växer, anställer åtta". Mynewsdesk (in Swedish). Retrieved 2018-03-30.
  11. ^ a b "isbn:1119150930 - Sök på Google" (in Swedish). Retrieved 2018-03-29.
  12. ^ "isbn:9138226480 - Sök på Google" (in Swedish). Retrieved 2018-03-30.
  13. ^ Farmaceutiskt notisblad: Farmaseuttinen aikakauslehti (in Swedish). Farmaceutiska föreningen i Finland. 1914.
  14. ^ nikotinläkemedel, Sverige Utredningen om detaljhandel med (2006). Detaljhandel med nikotinläkemedel: delbetänkande (in Swedish). Norstedts Juridik AB. ISBN 9789138225257.
  15. ^ "isbn:3764385898 - Sök på Google" (in Swedish). Retrieved 2018-03-29.
  16. ^ "isbn:3764385898 - Sök på Google" (in Swedish). Retrieved 2018-03-31.
  17. ^ a b "Kronans Apotek ökade försäljningen med 400 procent". Dagens Handel. Retrieved 2018-03-30.
  18. ^ a b Svensk farmaceutisk tidskrift (in Swedish). Sveriges Apotekareförbunds. 1971.
  19. ^ Forskning, Handelshögskolan i Göteborg Institutet för Distributionsekonomisk och Administrativ (1966). Meddelande (in Swedish).
  20. ^ "isbn:9138085232 - Sök på Google" (in Swedish). Retrieved 2018-03-30.
  21. ^ "History - Oriola". www.oriola.com. Retrieved 2018-03-29.
  22. ^ "Oriola-KD har nu fullföljt köpet av Medstop - Kronans Apotek". 2013-12-15. Archived from the original on 2013-12-15. Retrieved 2018-03-29.
  23. ^ a b Grant, Tina (2005–2009). International Directory of Company Histories. St. James Press. ISBN 9781558625471.
  24. ^ "Kronans Apotek nominerade till Designpriset". Mynewsdesk (in Swedish). Retrieved 2018-03-29.
  25. ^ "Förbrukning av plastpåsar ned 38 procent på Kronans Apotek". Mynewsdesk (in Swedish). Retrieved 2018-03-29.

External links edit

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