M&A Deal Summary

Cardinal Health Acquires Medical Concepts Development

On August 3, 2012, Cardinal Health acquired medical products company Medical Concepts Development

Acquisition Highlights
  • This is Cardinal Health’s 9th transaction in the Medical Products sector.
  • This is Cardinal Health’s 22nd transaction in the United States.
  • This is Cardinal Health’s 1st transaction in Florida.

M&A Deal Summary
Date 2012-08-03
Target Medical Concepts Development
Sector Medical Products
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition

Target

Medical Concepts Development

Chipley, Florida, United States
Medical Concepts Development, Inc. a supplier of medical products.

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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 25 of 40
Sector (Medical Products) 9 of 15
Type (Add-on Acquisition) 23 of 35
State (Florida) 1 of 2
Country (United States) 22 of 37
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-14 Dik Drug

Burr Ridge, Illinois, United States

Dig Drug is a regional drug wholesaling company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-14 AssuraMed

Twinsburg, Ohio, United States

AssuraMed, previously known as HGI Holding, Inc., is a leading mail-order, direct-to-consumer provider of disposable medical products to chronic disease patients. AssuraMed operates through its Edgepark Medical Supplies and Independence Medical divisions, offering its large and fragmented customer base more than 30,000 products addressing a diverse set of chronic disease market segments including ostomy, diabetes, urological, enteral, incontinence and wound care.

Buy $2.0B
Mergr

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