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Kroger closes sale of specialty pharmacy business

Kroger had announced a definitive agreement with Elevance Health for the sale in March.

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CINCINNATI – The Kroger Co. announced the transaction to sell its specialty pharmacy business to Elevance Health has closed.

Kroger announced a definitive agreement with Elevance Health for the sale on March 18, 2024. In closing the transaction, the retailer and Elevance Health have worked to ensure minimal disruptions for patients and associates.

Kroger Family of Pharmacies in-store retail locations and The Little Clinics were not included in this transaction.

The specialty pharmacy, formerly owned by Kroger, serves patients with chronic illnesses that require complex care.

The sale is not expected to have an impact on 2024 guidance.

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