Who Owns My Chemist?

Is Chemist Warehouse Group owned by another company?
Following the February 2025 merger, Chemist Warehouse Group operates as part of Sigma Healthcare Limited, a publicly traded company on the ASX under the ticker SIG. CWG shareholders hold 85.75% of the combined entity, with the three founders (Mario Verrocchi, Jack Gance, and Sam Gance) collectively holding approximately 49%. The merger was structured as a reverse takeover, with Chemist Warehouse Group effectively becoming the controlling entity.

Is Chemist Warehouse Group publicly traded?
Yes, following the merger with Sigma Healthcare completed on 13 February 2025, the combined entity trades on the ASX under the ticker symbol SIG (Sigma Healthcare Limited). Prior to the merger, Chemist Warehouse Group was a private company. The reverse merger provided public market access while allowing the founders to maintain significant ownership and control.

When was Chemist Warehouse founded?
The first Chemist Warehouse store opened in 2000 in Melbourne, founded by Jack Gance, Sam Gance, and Mario Verrocchi. However, the pharmacy origins trace to 1972 when brothers Jack and Sam Gance purchased their first pharmacy in Reservoir, Melbourne. Mario Verrocchi joined the business in 1980, and in 1997 they established the MyChemist brand before launching the Chemist Warehouse discount format in 2000.

Who founded Chemist Warehouse?
Chemist Warehouse was founded by Jack Gance, Sam Gance, and Mario Verrocchi. Jack Gance is a qualified pharmacist who opened his first pharmacy with his brother Sam in 1972. Mario Verrocchi joined as a trainee in 1980 and became a partner in 1982. The three founders established MyChemist in 1997 and the Chemist Warehouse brand in 2000. Jack Gance also created the brands Le Specs, Le Tan, and Colours of Australis.

What is Chemist Warehouse Group's annual revenue?
For FY2025 (ended 30 June 2025), the merged Sigma Healthcare and Chemist Warehouse Group reported statutory revenue of A$6.0 billion, up 82.2% year over year. On a pro forma basis (as if merged from 1 July 2024), revenue was A$9.6 billion with EBIT of A$903.4 million. The Chemist Warehouse retail network alone achieved total sales to customers of A$10.3 billion, up 14% year over year. Normalised NPAT was A$579.1 million, up 40.1%.

How many Chemist Warehouse stores are there?
As of 30 June 2025, there were 588 Chemist Warehouse franchise stores across Australia, plus 77+ international stores in New Zealand, Ireland, and the UAE. The broader franchise network includes an additional 293 stores under the Amcal and Discount Drug Stores brands, totaling 881 franchise stores across Australia. The company opened 35 new CW stores in FY2025 and plans to continue expansion at a consistent cadence.

What is the Sigma Healthcare merger?
In December 2023, Chemist Warehouse Group announced its intention to merge with Sigma Healthcare through a reverse takeover. The merger was completed on 13 February 2025, creating Australia's largest retail pharmacy franchisor and full line pharmaceutical wholesaler. CWG shareholders hold 85.75% of the combined entity, with a A$700 million cash component. The merger combined CWG's retail expertise with Sigma's wholesale and distribution infrastructure. The synergy target has been upgraded to A$100 million per annum by year four post merger.

What brands does Chemist Warehouse Group own?
The group operates multiple pharmacy retail brands including Chemist Warehouse (588 stores), MyChemist (premium pharmacy format), Amcal (community pharmacy), and Discount Drug Stores (discount pharmacy). The group also owns the Wagner generics medicines brand, as well as Le Specs (eyewear), Le Tan (tanning and skincare), and Colours of Australis (cosmetics), all created by founder Jack Gance.