Pharmacy chain Haltons Limited will set up stores in all Tuskys supermarket outlets across the country after the two companies announced a partnership that will allow Haltons expand its footprints in the country.
Haltons, which has financial backing from Fanisi Capital, will bank on the Tuskys’ heavy presence in the country to expand its retail network. According to Sam Njuguna, the CEO of Haltons Limited, the new partnership with Tuskys complements the pharmacy chain’s strategy to double the number of branches from the current 25 to 50 by the end of this year.
“This partnership will boost Haltons in its ambition to expand its presence in the country. It will offer us an opportunity to offer quality services and convenience to our customers. This is in line with our mission to support “Better Living”, while maintaining “Competitive Pricing,” said Mr Njuguna.
Tuskys MD George Kamau lauded the partnership, saying that the two companies will complement each other since shoppers are also looking for places to buy drugs. “The partnership with Fanisi will provide Tuskys with the opportunity to partner with a strong brand while offering its customers the option of quality pharmaceutical services offered by knowledgeable and trusted professionals. We will offer floor space to Haltons in our outlets. This fits well with our aim of providing a variety of products and services to our clients.”
Haltons has been in an aggressive expansion plan since Fanisi Capital, the US-based organisation that gives seed funds to start-ups, pumped money to the pharmacy which only had 4 outlets. The pharmacy now has 25 outlets and is planning to double the number by the end of the year.
