Pharmacy chain and pharmaceutical compounder
Medsen Apotheken
Medsen is a chain of over 40 pharmacies in the Netherlands plus a modern GMP large-scale compounding pharmacy (Ceban). Medsen distinguishes itself through a number of innovations to make the pharmacy more accessible. For example Medsen has considerably simplified the ordering and collection process with 24-hour medicine vending machines and the pharmacy app, significantly reducing pharmacy waiting times. Ceban is a large-scale compounder of ad hoc and in-stock prescriptions. It supplies to pharmacies, hospitals and dispensing general practitioners.
Medsen was established in 1998 as a partnership between pharmacies. Since becoming a shareholder in 2009, Bolster has supported the company in structuring and professionalizing the organization, tightening the strategy and executing a buy-and-build strategy. During the period with Bolster as a shareholder, Medsen has grown considerably and the profit margins improved significantly. Medsen was sold to Bencis in 2018 through a management buy out.
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Involved from Bolster: Joost Bakhuizen Hanneke Modderman