M&A Deal Summary

Cardinal Health Acquires Dik Drug

On May 14, 2012, Cardinal Health acquired distribution company Dik Drug

Acquisition Highlights
  • This is Cardinal Health’s 6th transaction in the Distribution sector.
  • This is Cardinal Health’s 21st transaction in the United States.
  • This is Cardinal Health’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2012-05-14
Target Dik Drug
Sector Distribution
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition

Target

Dik Drug

Burr Ridge, Illinois, United States
website
Dig Drug is a regional drug wholesaling company.

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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 24 of 40
Sector (Distribution) 6 of 8
Type (Add-on Acquisition) 22 of 35
State (Illinois) 2 of 2
Country (United States) 21 of 37
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-16 Futuremed Healthcare Products

Concord, Ontario, Canada

Futuremed is a value-added distributor of consumable nursing home supplies and specialized furniture and equipment to the growing long-term care facilities sector.

Buy CA$165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-03 Medical Concepts Development

Chipley, Florida, United States

Medical Concepts Development, Inc. a supplier of medical products.

Buy -
Mergr

Product

Company

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