M&A Deal Summary

McKesson Acquires Well.ca

On December 4, 2017, McKesson acquired e-commerce company Well.ca

Acquisition Highlights
  • This is McKesson’s 1st transaction in the E-Commerce sector.
  • This is McKesson’s 7th transaction in Canada.
  • This is McKesson’s 4th transaction in Ontario.
Investment Fate
  • Well.ca was divested to a consortium of buyers in 2024.

M&A Deal Summary

Date 2017-12-04
Target Well.ca
Sector E-Commerce
Buyer(s) McKesson
Deal Type Add-on Acquisition

Target

Well.ca

Toronto, Ontario, Canada
Well.ca is an online destination for health, wellness, natural, and baby products. Well.ca was formed in 2008 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

McKesson

Irving, Texas, United States

Category Company
Founded 1833
Sector Information Technology
Employees45,000
Revenue 309.0B USD (2024)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company that helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.


DEAL STATS #
Overall 49 of 52
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 39 of 42
State: Ontario M&A 4 of 4
Country: Canada M&A 7 of 7
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-06 RxCrossroads

Louisville, Kentucky, United States

RXC Acquisition Co. is a provider of service programs encompassing reimbursement support, integration with network pharmacies, patient adherence programs, specialty logistics services, sales operations support and mail-order pharmacy services to pharmaceutical, biotechnology and medical device manufacturers.

Buy $735M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-25 Medical Specialties Distributors

Stoughton, Massachusetts, United States

Medical Specialties Distributors LLC is a provider of infusion products, supplies, biomedical services and technology solutions to the growing home infusion therapy market. Medical Specialties Distributors LLC was founded in 1982 and is based in Stoughton, Massachusetts.

Buy -