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Wesbild Holdings Ltd. is a subsidiary of Inwest Investment Ltd. Inwest is an investment company formed in March 1981 by Hassan Khosrowshahi.
Since 1981, Inwest has made substantial investments in retail, real estate and pharmaceutical businesses. In the early 1980s Inwest founded Future Shop, a chain of consumer electronic stores. By 2001, Future Shop was by far the largest electronic retailer in Canada, operating in every province, with annual sales of over $2 billion. Inwest sold Future Shop to Best Buy in 2001 for over $500 million.
In 2002, Inwest acquired Drug Royalty Corp., a specialty finance company which acquires royalty streams on pharmaceutical and life science products. Since its acquisition, Inwest has substantially increased the size of Drug Royalty’s portfolio. |
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