Billionaire Weston Family Acquires Boots for £6.7bn in Major Retail Deal

Billionaire Weston family to buy Boots' 1,800 UK and Ireland stores in £6.7bn deal, impacting over 51k employees.

October 7, 2026 One Min Read

POLICY WIRE — London, United Kingdom — A landmark transaction has been finalized with the billionaire Weston family acquiring Boots’ extensive network of 1,800 stores across the UK and Ireland for £6.7 billion.

The deal includes Boots’ retail operations, Boots Opticians, the No7 Beauty Company, and other affiliated brands, marking a significant shift in ownership for the pharmacy and retail giant that has operated since 1849.

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Boots will transition from its current owners, Sycamore Partners and the Pessina family, to the holding company of Canada’s wealthy Weston family, which has made a major investment in the British retail sector.

Reporting by Policy-Wire (PW)

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