NextPlat Completes Acquisition of Rural Florida Pharmacy

HALLANDALE BEACH, Fla., Oct. 6, 2026 /CourierPR/ -- NextPlat Corp, a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, has completed a strategic acquisition of an independent pharmacy in a rural community near Pensacola in the panhandle region of northwest Florida. The acquisition, which was previously announced, involved the purchase of the pharmacy and its inventory for a total cash consideration of $1,485,439. For the year ended December 31, 2025, the pharmacy generated approximately $5.6 million in sales, demonstrating its profitability and positive working capital. The acquisition is expected to contribute to the continued growth and profitability in the Company's PharmcoRx healthcare segment throughout the fourth quarter.

The acquisition of the pharmacy is part of NextPlat's strategy to diversify its pharmacy operations into underserved markets. The company's PharmcoRx unit currently operates five pharmacies in northern, central, and southern Florida, providing full-service prescription fulfillment, medication management, high-touch, same-day delivery, and integrated patient support and coordination with healthcare providers. Beyond traditional retail pharmacy services, PharmcoRx also provides higher-margin contracted services, including medication fulfillment, claims management, and compliance reporting to 340B providers, as well as to long-term care, senior living communities, and government agencies.

The acquisition is expected to further differentiate NextPlat's business from traditional mass-market retail pharmacies, as it will offer a wider range of services to patients and providers in the region. The company is actively exploring additional opportunities to acquire well-established, profitable community operators that can provide diversification and further enhance its service offerings.

This acquisition is a significant step in NextPlat's strategic plan to expand its healthcare and technology solutions, particularly in underserved markets. The company's focus on acquiring well-established, profitable community operators aligns with its goal of providing high-value service offerings to patients and providers. The acquisition of the Pensacola-area pharmacy is expected to contribute to the continued growth and profitability of the PharmcoRx segment, as well as support the launch of new high-value, high-margin healthcare services for regional providers and patients.