M&A Deal Summary

Cardinal Health Acquires Medicine Shoppe International

On August 29, 1995, Cardinal Health acquired franchising company Medicine Shoppe International for 348M USD

Acquisition Highlights
  • This is Cardinal Health’s 1st transaction in the Franchising sector.
  • This is Cardinal Health’s 13th largest (disclosed) transaction.
  • This is Cardinal Health’s 3rd transaction in the United States.
  • This is Cardinal Health’s 1st transaction in Missouri.

M&A Deal Summary
Date 1995-08-29
Target Medicine Shoppe International
Sector Franchising
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition
Deal Value 348M USD

Target

Medicine Shoppe International

St. Louis, Missouri, United States
website
Medicine Shoppe International, Inc. is a largest pharmaceutical chain in the country, based on the number of stores. The overwhelming majority of Medicap stores are owned by the pharmacist / manager. Each store focuses exclusively on the sale of prescription pharmaceuticals and value-added pharmacist services like patient counseling.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cardinal Health

Dublin, Ohio, United States

website

Category Company
Founded 1979
Sector Distribution
Employees44,000
Revenue 181.4B USD (2022)
DESCRIPTION
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.

Cardinal Health is a global distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was incorporated in 1979 and is based in Dublin, Ohio.

DEAL STATS #
Overall 3 of 40
Sector (Franchising) 1 of 1
Type (Add-on Acquisition) 3 of 35
State (Missouri) 1 of 1
Country (United States) 3 of 37
Year (1995) 1 of 1
Size (of disclosed) 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1984-09-14 Ellicott Drug Company

Buffalo, New York, United States

Ellicott Drug Company is a drug wholesaler based in Buffalo, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-06-01 Pyxis

Dublin, Ohio, United States

Pyxis Corporation is a provider of closed loop inventory distribution systems to hospitals and long-term health care facilities.

Buy $920M
Mergr

Product

Company

Legal