Sharon McCabe is CEO of McCabes and LloydsPharmacy Ireland, two popular pharmacy chains that recently expanded their reach by combining their resources. McCabe is our Business Person of the Month September 2024, in association with KPMG Ireland.
Sharon McCabe is CEO of McCabes and LloydsPharmacy Ireland.
The two chains united following LloydsPharmacy’s purchase of McCabes, a move that was approved in April this year by the Competition and Consumer Protection Commission (CCPC).
The deal was first announced in October 2023, although the financial terms of the acquisition were not publically disclosed at the time.
The CCPC voiced concerns about levels of competition in the Lucan area of Dublin. In response, LloydsPharmacy has agreed to sell two McCabes locations in Lucan to a potential buyer buyer, and has said it will not to buy back these locations for at least a decade.
McCabes Pharmacy is set to own 112 stores with over 1400 employees as it unites with LloydsPharmacy.
The move was marked by an official ribbon-cutting ceremony on 29th August in the Ashleaf Shopping Centre in Crumlin, Dublin.
Speaking about the deal, McCabe said it “marks a new chapter for McCabes Pharmacy as we extend our renowned patient care to locations right across Ireland.
“By coming together under the McCabe Pharmacy name, we are not only expanding our reach and becoming more accessible to our patients by becoming the leading pharmacy services provider in Ireland.”
McCabes Pharmacy, a family-owned and operated business was founded in 1981. Sharon McCabe has operated as CEO since 1999. She is also a voluntary Non-Executive Director on the boards of St Vincent’s Healthcare Holding Company, and Cancer Trials Ireland. She serves as a Non-Executive Director at Ireland’s Eason PLC and Dublin Zoo.
The Business & Finance Awards
Business & Finance was launched in 1964 as Ireland’s premier business magazine. The Business & Finance Awards programme was established a decade later, in 1974, and has become Ireland’s longest-running and most coveted business awards programme. These prestigious awards celebrate the outstanding achievements of some of our most remarkable business leaders.
The Business & Finance Awards will take place on Thursday 5th December and will honour Sir Nick Clegg, former UK Deputy Prime Minister and current President of Global Affairs, Meta, as well as champion horse trainer Willie Mullins. The legacy of another great Irish sporting hero and leader, Tony O’Reilly, will also be remembered. To book a table, please contact Brian.Kearns@businessandfinance.com
Submissions for this year’s awards are now open.
Business & Finance, Business Person of the Month
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