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Douglas Sells Online Pharmacy Disapo to MYA Health

Published July 19, 2024
Published July 19, 2024
Douglas

Following its March return to the Frankfurt stock market in the country’s largest IPO since 2022, the Douglas Group divests of online pharmacy Disapo to focus on premium cosmetics.WHO: Online pharmacy Disapo is headquartered in the Dutch city of Heerlen. Operating from its own logistics center near Aachen, Disapo ships a wide range of over-the-counter (OTC) and prescription pharmaceuticals, cosmetics, and supplements.The Douglas Group, with its commercial brands Douglas, Nocibe, Parfumdreams, and Niche Beauty, is the number-one omnichannel premium beauty destination in Europe with 1,860 stores. In the financial year 2022/23, the Douglas Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe.MYA Health, based in Amsterdam, operates a mobile app offering services around prescriptions and prescription medication, which was founded in 2021 by Christian-Alexander Vry and Dr. Daniel Lewinski. MYA Health is backed by a number of investors, including Fiege Logistics. The combination of MYA and Disapo creates an all-in-one digital offering for people who rely on prescription drugs.WHY: With its new growth strategy “Let it Bloom – Douglas 2026” introduced in early 2023, the company has since made the fundamental decision to fully shift the focus on the resilient and strongly growing core premium beauty business across its stationary stores and online shops. As such, the Douglas Group had been evaluating various strategic options for its online pharmacy business, eventually leading to the sale of Disapo to MYA Health.

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