The 2020 Mid-Year Economic Update_long

McKesson to Buy McQueary for $190M

San Francisco, CA-based McKesson Corp. has agreed to buy McQueary Brothers Drug Company, a Springfield, MO-based regional distributor of pharmaceutical, health, and beauty products to more than 400 independent and regional chain pharmacies in Missouri, Arkansas, Illinois, Kansas, Oklahoma, Nebraska and Iowa.
 
The acquisition expands McKesson's distribution footprint in the Midwestern U.S. and continues momentum in the independent pharmacy segment. The purchase price is $190 million.
 
McQueary Brothers will be integrated into McKesson's U.S. Pharmaceutical business, which is reported in the McKesson Distribution Solutions segment. ...

San Francisco, CA-based McKesson Corp. has agreed to buy McQueary Brothers Drug Company, a Springfield, MO-based regional distributor of pharmaceutical, health, and beauty products to more than 400 independent and regional chain pharmacies in Missouri, Arkansas, Illinois, Kansas, Oklahoma, Nebraska and Iowa.
 
The acquisition expands McKesson’s distribution footprint in the Midwestern U.S. and continues momentum in the independent pharmacy segment. The purchase price is $190 million.
 
McQueary Brothers will be integrated into McKesson’s U.S. Pharmaceutical business, which is reported in the McKesson Distribution Solutions segment.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com