Alliance Boots GmbH is a leading international, pharmacy-led health and beauty group. It has two core business activities - pharmacy-led health and beauty retailing, and pharmaceutical wholesaling and distribution - and has a presence in more than 20 countries. It has revenue in excess of £22.5 billion. It was formed in 2006 through a merger of the listed British high street pharmacist Boots Group and the pan-European wholesale and retail pharmacy group Alliance UniChem. Alliance Boots was initially a British plc listed on the London Stock Exchange. In 2007 it was bought out in a private equity transaction. In 2008 the trading business was transferred to a Swiss GmbH, which is a wholly owned subsidiary of a British company, AB Acquisitions Holdings Limited, which is owned by the private equity firm Kohlberg Kravis Roberts (KKR) and the Italian businessman Stefano Pessina, who built Alliance UniChem and is now the executive chairman of Alliance Boots.
The Group's operations are mainly carried out under the Boots and Alliance Healthcare brands. Boots UK is the UK's leading pharmacy-led health and beauty retailer. Alliance Boots is also the largest pharmaceutical wholesaler in the UK through its Alliance Healthcare (Distribution) Ltd business.
Alliance Boots employs over 115,000 staff and operates more than 3,250 retail stores, around 3,150 of these have pharmacies. Alliance Boots' pharmaceutical wholesale division serves over 150,000 pharmacies, doctors, hospitals and health centres via over 360 depots.