$815M deal: AmerisourceBergen buying independent pharmaceutical distributor

AmerisourceBergen Corp. signed a definite agreement to buy H.D. Smith, the largest independent wholesaler in the United States, for $815 million. “The acquisition strengthens our core business and expands and enhances our strategic scale in U.S. pharmaceutical distribution,” said Steven H. Collis, chairman and CEO of AmerisourceBergen, noting H. D. Smith’s 10 distribution facilities across the country plus its diversified customer bas e. “This acquisition also expands our support for independent…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news