Home » AmerisourceBergen to Add $2B Distributor to Portfolio
AmerisourceBergen to Add $2B Distributor to Portfolio
March 28, 2007
AmerisourceBergen Corporation, Valley Forge, PA, has agreed to buy Bellco Health, a privately held distributor of branded and generic pharmaceuticals, for $235 million in cash.   ; AmerisourceBergen said Bellco will add strength in the New York City area, as well as a sophisticated generic pharmaceuticals sales and marketing business. Bellco also sells dialysis products and services that will complement AmerisourceBergen's specialty distribution business.   ; Headquartered in North Amityville, New York, Bellco Health has annualized revenues of $2 billion and is a major pharmaceutical distributor in New York City, where it primarily services independent retail community pharmacies. Nationally, the company markets and sells generic pharmaceuticals to individual retail pharmacies, and provides pharmaceutical products and services to dialysis clinics.   ; AmerisourceBergen has more than than $61 billion in annual revenue.