1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Missouri >
  6. Cardinal Health Acquires Medicine Shoppe International

Add-on Acquisition • Franchising

Cardinal Health Acquires Medicine Shoppe International

On August 29, 1995, Cardinal Health acquired franchising company Medicine Shoppe International for 348M USD

Acquisition Context
  • This is Cardinal Health’s 1st transaction in the Franchising sector.
  • This is Cardinal Health’s 17th largest (disclosed) transaction.
  • This is Cardinal Health’s 3rd transaction in the United States.
  • This is Cardinal Health’s 1st transaction in Missouri.

Explore All 62 Add-on Acquisition Franchising Deals - Search the Database Free


M&A Deal Summary
Date August 29, 1995
Target Medicine Shoppe International
Sector Franchising
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition
Deal Value 348M USD

Target Company

Medicine Shoppe International

St. Louis, Missouri, United States
Medicine Shoppe International, Inc. is a largest pharmaceutical chain in the country, based on the number of stores. The overwhelming majority of Medicap stores are owned by the pharmacist / manager. Each store focuses exclusively on the sale of prescription pharmaceuticals and value-added pharmacist services like patient counseling.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Cardinal Health

Dublin, Ohio, United States
Category Company
Founded 1979
Sector Distribution
Employees47,922
Revenue 226.8B USD (2024)
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 distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was founded in 1979 and is based in Dublin, Ohio.

Deal Context for Buyer #
Overall 3 of 44
Sector: Franchising 1 of 1
Type: Add-on Acquisition 3 of 39
State: Missouri 1 of 1
Country: United States 3 of 41
Year: 1995 1 of 1
Size (of disclosed) 17 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1984-09-14 Ellicott Drug Company

Buffalo, New York, United States

Ellicott Drug Company is a drug wholesaler based in Buffalo, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-06-01 Pyxis

Dublin, Ohio, United States

Pyxis Corporation is a provider of closed loop inventory distribution systems to hospitals and long-term health care facilities.

Buy $920M

Explore Related M&A Activity

Franchising M&A - Add-on Acquisition M&A Deals - Missouri M&A - United States M&A

Mergr

Solution for

Product

Company

Legal