CVS completes Navarro Discount Pharmacy purchase
Woonsocket, R.I. - CVS Health has completed the purchase of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drugstore chain in the U.S. The acquisition includes Navarro's 33 retail drugstore locations and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases.
The retail drugstores will retain the Navarro Discount Pharmacy name.
"Navarro has a rich history and commitment to Hispanic consumers and we are excited to welcome them into the CVS Health family," said Helena Foulkes, president of CVS/pharmacy, the retail division of CVS Health. "We value the strength of the Navarro brand and we look forward to combining Navarro's unique understanding of its customers' needs with CVS/pharmacy's best in class pharmacy services and high quality health, beauty and personal care products, a combination that will strengthen our service to the Hispanic community."