Posted on 08 October 2015 By Bay Moon Communications
In order to significantly widen the access to world class pharmacy services to Kenyans Vivo Energy Kenya has signed a partnership agreement with Haltons’ Pharmacy that will see its pharmacy stores set up within existing Shell service stations across the country.
Driven by the steady growth in convenience-seeking customers, Vivo Energy kicked off a major programme last year to refurbish existing Shell service stations so that they not only included high-quality fuels and lubricants but also offered services including shops, quick service restaurants, oil change and car wash facilities.
Haltons’ Pharmacy is one of the fastest growing retail businesses in Kenya today, growing from four stores in 2013 to almost 50 stores in today and with an ambitious plan to extend its footprint to 200 in the next two years.
Underpinning this rapid expansion has been the capital investment and human resource injection from private equity firm, Fanisi Capital.
During the inauguration of the partnership at Shell Gethin & Dawson, Karen, Polycarp Igathe, managing director Vivo Energy, said that Vivo Energy has invested in convenience retailing to offer a wider range of services to both customers who fuel and service their vehicles at Shell service stations, as well as walk in customers: “The partnership with Haltons’ continues to reaffirm what we have always said and believed in – that convenience retail is an extension of our core business at Shell service stations.”
Haltons’ CEO, Sam Njuguna said: “We are grateful to Vivo Energy for entrusting us to roll out multiple pharmacy stores across the country - starting from where we are today, to the tight jam-packed corners of downtown Nairobi, to the diversity of the Rift and to the slopes and plains of Central and Eastern Kenya. This just re-emphasises the similarities in the DNA of our two companies - the vocation to serve all Kenyans. We want to reassure the Vivo Energy team that this is just the beginning of a great relationship.”
Speaking at the ceremony, the managing partner of Fanisi Capital, Ayisi Makatiani, said: “Vivo Energy’s reaching out to Haltons’ is living proof that quality begets quality. This partnership is in line with our business strategy of making sure that we can offer health facilities that are accessible to the common mwananchi, both monetarily and geographically, without compromising on quality.”
Notes to editors:
About Vivo Energy
With a vision to become Africa’s most respected energy business Vivo Energy Kenya, the company that distributes and markets Shell-branded fuels and lubricants, was established in 2012. The Shell brand has been in Kenya since 1900.
Vivo Energy Kenya has a storage capacity of 87,625 m³ and 148 retail stations with a majority offering of Shell Cards and convenience retailing stores. Vivo Energy Kenya employs 193 people. The company is recognised as the leader in the oil industry especially championing and setting standards for safety in sales and distribution.
Vivo Energy provides high quality solutions for motorists and businesses in Botswana, Burkina Faso, Cape Verde, Ghana, Guinea, Ivory Coast, Kenya, Mali, Mauritius, Madagascar, Morocco, Mozambique, Namibia, Senegal, Tunisia and Uganda. Its retail offering includes fuels, lubricants, card services, shops and other non-fuel services (e.g. oil change and car wash). For businesses it provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, and manufacturing. Jet fuel is sold to customers at 23 airports though a partnership with Vitol Aviation.
The company employs around 2,100 people and operates over 1,500 retail stations under the Shell brand and has access to approximately 900,000 cubic meters of fuel storage capacity. Shell and Vivo Lubricants has blending capacity of around 125,000 metric tonnes at plants in six countries (Ghana, Guinea, Ivory Coast, Kenya, Morocco, and Tunisia) producing Shell branded lubricants.
About Haltons Pharmacy
Haltons Limited is a retail pharmacy chain with close to 50 retail outlets located in high traffic areas in and around major urban towns in Kenya. Haltons dispenses ‘Prescription and Non-prescription Pharmaceutical’ products, ‘Personal Care’ consumer products and a diverse range of ‘Mother and Baby’ products. Haltons’ differentiates itself as a strong brand that will meet customer needs in terms of convenience, availability of product and quality of service.
About Fanisi Capital
Fanisi Venture Capital Fund is a USD 50 million fund that makes private equity and venture capital investments in businesses with potential for substantial growth in the East African countries of Kenya, Uganda, Tanzania and Rwanda. Founded in 2009, Fanisi’s makes investments across diverse industry sectors with emphasis on agro-processing, healthcare, education and retail consumer (FMCG). Fanisi has a principal focus on companies that are post revenue with profits or a clear path towards profits.
Vivo Energy Kenya: Communications Manager
Telephone: +254 20 3205555
Email: [email protected]