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Here’s why Chemist Warehouse is really worth $32b

As Chemist Warehouse celebrates the $32 billion marriage with Sigma, it’s clear how vital the retail chain’s culture will be to the deal. Here are the secrets of that culture. 

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Love was in the air on Thursday as Sigma Healthcare and retail giant Chemist Warehouse finally began trading on the ASX more than 14 months after their $32 billion reverse takeover.

Mario Verrocchi, the co-founder and chief executive of Chemist Warehouse, who will emerge from the deal with a stake worth about $5 billion, said the deal had been like an arranged marriage, where the two parties knew they were heading down the aisle, but were unable to speak with each other beforehand.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-five-key-ingredients-in-chemist-warehouse-s-secret-sauce-20250213-p5lbvd