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Canada’s Weston family buys Boots for $8.9bn

The Guardian Business Wednesday 07 October 2026, 15:12 UTC By Sarah Butler 1 min read
Key Points

Former Selfridges owners buys UK high street institution from long-term backer Stefano PessinaThe Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Drugmart pharmacy chain in Canada, will own Boots’ UK and Irish retail operations and opticians chain, the No7 beauty brand and a franchise arm in Thailand.

Former Selfridges owners buys UK high street institution from long-term backer Stefano Pessina

The Canadian family that once owned Selfridges department store has bought UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).

Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Drugmart pharmacy chain in Canada, will own Boots’ UK and Irish retail operations and opticians chain, the No7 beauty brand and a franchise arm in Thailand.

Continue reading...
Canada (LOCATION) Weston (PERSON) Selfridges (ORG) UK (LOCATION) Stefano PessinaThe (PERSON) Canadian (ORG) Loblaws (ORG) Drugmart (ORG) Boots’ UK (ORG) Irish (ORG) No7 (ORG) Thailand (LOCATION)
Originally published by The Guardian Business Read original →

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