History

1 January 1987

1987

City Pharmacy founded by Mahesh Patel at Garden City, Port Moresby with just four staff.

1 January 1987
1 January 1992

1992

City Pharmacy moves beyond Port Moresby, opening five stores in regional PNG.

1 January 1992
1 January 1998

1998

City Pharmacy is the first business house to operate in Buka after the Bougainville Crisis.

1 January 1998
1 January 2002

2002

CPL Group lists on the Port Moresby Stock Exchange. Exciting times ahead for CPL Group.

1 January 2002
1 January 2015

2003

City Pharmacy launches PNG’s first customer loyalty program, Real Rewards.

1 January 2015
1 January 2019

2005

CPL Group acquires Stop N Shop supermarket chain from Steamships Trading Company.

1 January 2019
1 January 2019

2007

CPL Group partners with Post PNG to co-locate some City Pharmacy retail outlets. CPL Group launches the first women’s empowerment program in PNG, the Pride of PNG Awards for Women, honouring ordinary Papua New Guinean women doing extraordinary things.

1 January 2019
1 January 2019

2009

CPL Group acquires Hardware Haus stores from Steamships Trading Company.

1 January 2019
1 January 2019

2010

Mahesh Patel named Director of the Year by the PNG Institute of Directors.

1 January 2019
1 January 2019

2011

CPL Group launches Boncafé coffee shops in Papua New Guinea.

1 January 2019
1 January 1987

2012

CPL Group opens Paradise Cinema in Port Moresby, PNG’s first multiplex cinema. CPL Group named Private Sector Employer of the Year by the PNG Human Resources Institute.

1 January 1987
1 January 1987

2013

CPL Group acquires Sydney, Australia-based pharmaceutical wholesaler Cost Save Pty Ltd. CPL named Innovative Company of the Year by the PNG Institute of Directors.

1 January 1987
1 January 1987

2014

CPL opens new concept shopping complex, Waigani Central, in Port Moresby, featuring a do-ityourself hardware concept store, its largest ever Stop N Shop supermarket and its second Paradise Cinema complex.

1 January 1987
1 January 1987

2015

CPL moves into fashion retailing, with the opening of two Jack’s of PNG stores in Port Moresby. CPL opens two Prouds Duty Free stores and an IGA Airport Express outlet at Jacksons International Airport. CPL opens its third City Pharmacy store in Mt Hagen—the 30th City Pharmacy store overall.

1 January 1987