Toronto, ON - March 14, 2022, Loblaw Companies Limited announced that its wholly owned subsidiary Shoppers Drug Mart® has agreed to acquire Lifemark Health Group. The deal is expected to close in the second quarter of 2022. Read the full announcement here.
"We are excited for this new chapter in Lifemark's success story," says Peter Stymiest, CEO at Lifemark Health Group. "Shoppers Drug Mart is a well-trusted, iconic Canadian brand, with an extensive local and virtual presence. By joining Shoppers, Lifemark will continue to grow as a national health and wellness network, reaching more Canadians who need access to care and advancing our shared vision to enrich the health of Canadians."
About Lifemark Health Group
Lifemark Health Group is a Canadian leader in community rehabilitation, workplace health and wellness and medical assessment services. With over 20 years of service excellence, Lifemark Health Group is a comprehensive and trusted health provider with 3 million patient visits annually, and employs over 5,000 highly trained clinicians, medical experts and team members.
As Canada's largest physiotherapy company, Lifemark is passionate about enriching the health of Canadians through movement. Lifemark's commitment to health and wellness extends beyond patient care, to the entire team, as evidenced through an award-winning culture.
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Lifemark Health Group