Farmacias del Ahorro has agreed to acquire Farmacias Benavides from The Boots Group, Benavides said on 13 November 2026. The price was not disclosed.
Why Farmacias del Ahorro (Comercializadora Farmacéutica de Chiapas) is buying Farmacias Benavides, S.A.B. de C.V. (96.56%)
The buyers said combining the two complementary chains would create a nationwide pharmacy and health services offering, extending Farmacias del Ahorro's free medical consultations and home delivery to more customers.
“This agreement marks an exciting new chapter for Farmacias Benavides, our team members and the customers and communities we serve.”
Deal terms and financing
The Boots Group, majority owned by Sycamore Partners in partnership with Stefano Pessina and his family, is the seller. Mexican press reports say the agreement covers the 96.56% of Benavides shares held by Boots subsidiaries and was signed on 12 November.
Regulatory approvals and timing
Completion is subject to customary closing conditions, including regulatory approvals; the two chains will operate independently until then.
Market context
Benavides, founded more than a century ago, has more than 1,100 stores and over 450 primary care clinics in northern, eastern and central Mexico and had been part of the Walgreens Boots group for more than a decade. Farmacias del Ahorro was founded in 1991.
