Verillium Health Care (“Verillium”) and Shoppers Drug Mart announced the agreement for Verillium to acquire 42 Wellwise by Shoppers locations. The transaction is expected to close in the first calendar quarter of 2025 and Shoppers Drug Mart will continue to operate the stores until the transaction closes.

Shoppers Drug Mart is an independent operating division of Loblaw Companies Limited.

Wellwise by Shoppers offers specialized active lifestyle products including, supports and braces, CPAP and sleep therapy, mobility, and low-impact fitness products to help Canadians take charge of the way they age.