The Harvard Drug Group - M&A Summary, Ownership, and Business Overview

DistributionCompany

The Harvard Drug Group M&A Summary

The Harvard Drug Group has acquired 2 companies of its own. It has also divested 1 asset.

The Harvard Drug Group’s largest acquisition to date was in 2012, when it acquired The Rugby Group for $117M. It’s largest disclosed sale occurred in 2022, when it sold Letco Medical to Fagron NV for $34M. The Harvard Drug Group has acquired in 2 different US states. The Company’s most targeted sectors include distribution (50%) and medical products (50%).

The Harvard Drug Group Ownership

Who owns The Harvard Drug Group?

The Harvard Drug Group is owned by Cardinal Health. It was acquired on June 5, 2015.

Was The Harvard Drug Group formerly PE-backed?

Yes. The Harvard Drug Group was formerly owned by 2 private investors.

The Harvard Drug Group Business Overview

Where is The Harvard Drug Group headquartered?

The Harvard Drug Group is headquartered in Livonia, Michigan.

What sector is The Harvard Drug Group in?

The Harvard Drug Group is a distribution company.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

The Harvard Drug Group LLC

31778 Enterprise Drive,
Livonia, Michigan 48150
United States,
(800) 875-0123
www.theharvarddruggroup.com

The Harvard Drug Group LLC is a pharmaceutical distributor in the United States. Harvard Drug supplies generic and branded pharmaceuticals to over 6,000 retail customers, which include independent, regional and national pharmacies.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $117M $117M
Sell (0.2/yr) # - - - 1 - - 1
vol $34M $34M
  3

Most Recent M&A

Company Date Value Type
Letco Medical LLC 2022-02-02 34M USD Divestiture
Wayne, Pennsylvania · www.letcomedical.com
The Rugby Group, Inc. 2012-10-29 117M USD Divestiture
, California
Letco Medical LLC 2007-08-03 - Add-on Acquisition
Wayne, Pennsylvania · www.letcomedical.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 1 (50%) - 1 (100%) 34M (100%)
Distribution 1 (50%) 117M (100%) - -
Total 2 $117M 1 $34M

By Geo

State/Country Buy Value Sell Value
United States 2 117M 1 34M
  Pennsylvania 1 - 1 34M
  California 1 117M - -
Total 2 $117M 1 $34M

Deal Values

buy # Total
$100M to $1B 1 $117M
TOTAL $117M
Largest The Rugby Group, Inc.
$117M (2012-10-29)
sell # Total
< $100M 1 $34M
TOTAL $34M
Largest Letco Medical LLC
$34M (2022-02-02)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)
Divested to
Strategic(s)
100%
1 (100%)

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