DGAP-News: Celesio AG / Key word(s): Disposal Celesio AG: Celesio sells Irish pharmaceutical wholesale subsidiary to Uniphar
14.11.2012 / 07:00
Celesio sells Irish pharmaceutical wholesale subsidiary to Uniphar
* Divestment programme concluded faster than planned
Stuttgart, Germany / Dublin, Ireland, 14 November 2012. Celesio sells its Irish pharmaceutical wholesale subsidiary Cahill May Roberts Ltd (including Movianto Ireland) to Uniphar, an Irish pharmaceutical wholesale and logistics company, headquartered in Dublin. The sales price amounts to 49.9 million euro. The transaction is subject to the approval of the relevant bodies.
Celesio CEO Markus Pinger: We will now focus on the Irish pharmacy sector. With more than 70 pharmacies we have a strong market position which offers us good growth opportunities.Therefore, the sale of our Irish wholesale subsidiary was a logical consequence. At the same time, we have thus successfully concluded our divestment programme, faster than planned. We will now focus even more on the future growth projects in context with our strategic realignment.
In addition to Cahill May Roberts, Celesios divestment programme, which was started in 2012, included the already completed sales of Movianto (excluding Movianto Ireland), Pharmexx, the mail-order pharmacy DocMorris as well as the activities in the Czech Republic.
Press contact Dr Jens Schreiber, Celesio AG, +49 (0)711.5001-380 media@celesio.com
Rainer Berghausen, Celesio AG, +49 (0)711.5001-549 media@celesio.com
About Celesio Group As a leading international trading company and provider of logistics and services in the pharmaceutical and healthcare sector, Celesio takes a proactive and preventive approach to ensuring that patients receive the products and support that they require for optimum care. We operate in 18 countries around the world and have about 41,000 employees. Every day, we serve over 2 million customers - at 2,200 pharmacies of our own and 4,500 participants in our brand partnership schemes. With around 140 wholesale branches, we supply approximately 65,000 pharmacies and hospitals every day with up to 130,000 pharmaceutical products. Our services benefit a patient pool of about 15 million per day.
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DGAP-News: Celesio AG: Celesio sells Irish pharmaceutical wholesale subsidiary to Uniphar
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