Divestiture • Life Science

Alliance Boots Acquires Andreae-Noris Zahn AG

On October 18, 2010, Alliance Boots acquired life science company Andreae-Noris Zahn AG from Celesio AG, Acceleron Pharma and Sanacorp Pharmahandel

Acquisition Context
  • This is Alliance Boots’ 1st transaction in the Life Science sector.
  • This is Alliance Boots’ 1st transaction in Germany.

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M&A Deal Summary

Date October 18, 2010
Target Andreae-Noris Zahn AG
Sector Life Science
Buyer(s) Alliance Boots
Sellers(s) Celesio AG
Acceleron Pharma
Sanacorp Pharmahandel
Deal Type Divestiture

Target Company

Andreae-Noris Zahn AG

Frankfurt, Germany
ANZAG is one of the largest pharmaceutical wholesalers in Germany, Europe’s largest pharmaceutical market, where it operates 25 distribution centres serving approximately 8,000 customers of whom around 1,100 are members of its virtual chain “vivesco”. ANZAG also has pharmaceutical wholesale businesses in Romania and Lithuania, and an associate in Croatia.
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Buyer Overview 1

Buyer

Alliance Boots

Zug, Switzerland

Category Company
Sector Healthcare Services
DESCRIPTION

Alliance Boots GmbH is an international pharmacy-led health and beauty group. Alliance Boots' pharmacy-led health and beauty retail businesses now operate more than 3,330 health and beauty retail stores in 11 countries and its pharmaceutical wholesale businesses supply medicines, other healthcare products and related services to more than 170,000 pharmacies, doctors, health centers and hospitals in 21 countries.


Deal Context for Buyer #
Overall 2 of 7
Sector: Life Science 1 of 2
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2010 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 UniDrug Distribution Group

United Kingdom

UniDrug Distribution Group Ltd. provides pre-wholesale supply chain solutions to the healthcare industry in the UK, offering specialist storage, fulfilment and distribution services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-22 Hedef Alliance Holding A.S.

Istanbul, Turkey

Hedef Alliance Holding A.S. is one of the largest pharmaceutical and toiletry products to the pharmacies wholesalers in Turkey.

Buy -

Seller Profiles 3

SELLER

Celesio AG

Stuttgart, Germany

Category Company
Founded 1835
Sector Retail
Employees38,000
Revenue 21.4B EUR (2016)
DESCRIPTION

Celesio is an international wholesale and retail company and provider of logistics and services to the pharmaceutical and healthcare sectors. The proactive and preventive approach ensures that patients receive the products and support that they require for optimum care. Celesio operates in 14 countries around the world. Every day, the group serves over 2 million customers - at 2,200 pharmacies of its own and 4,100 participants in brand partnership schemes. With 132 wholesale branches, Celesio supplies 65,000 pharmacies and hospitals every day with up to 130,000 pharmaceutical products. The services benefit a patient pool of about 15 million per day.


Deal Context for Seller #
Overall 1 of 9
Sector: Life Science 1 of 1
Type: Divestiture 1 of 8
Country: Germany 1 of 4
Year: 2010 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-27 DocMorris NV

Heerlen, Netherlands

DocMorris is Europe’s first mail order pharmacy and supplies original branded medicines at affordable prices via home delivery across the continent.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-05 Imgroma BV

Belgium

Imgroma BV is a distributor of medical products Roter, the market leader in Vitamine C in the Netherlands. Roter is an excellent fit with Vemedia’s existing vitamine brand Dagravit. Imgroma is also the distributor of Avent (Philips), Jaico (mosquito milk), Mycosan (nail care), Tiger Balm, Lactona (mouth care), Millium (anti-lice shampoo) etc.

Sell -
SELLER

Acceleron Pharma

Cambridge, Massachusetts, United States

Category Company
Founded 2003
Sector Life Science
Employees312
Revenue 93M USD (2020)
DESCRIPTION

Acceleron Pharma is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of novel therapeutic candidates that regulate cellular growth and repair. Acceleron Pharma was formed in 2003 and is based in Cambridge, Massachusetts.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2010 1 of 1
SELLER

Sanacorp Pharmahandel

Munich, Germany

Category Company
Founded 2003
Sector Life Science
DESCRIPTION

Sanacorp is the oldest pharmacist's cooperative in Germany and is one of the major companies in pharmaceutical wholesale. More than 8,000 pharmacists can achieve more together than any individual on their own. The core competence of Sanacorp is the comprehensive, economical and reliable supply of pharmacies with medicines and health products.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2010 1 of 1

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