Add-on Acquisition • Distribution

McKesson Acquires McQueary Brothers Drug Co.

On April 8, 2008, McKesson acquired distribution company McQueary Brothers Drug Co. for 190M USD

Acquisition Context
  • This is McKesson’s 3rd transaction in the Distribution sector.
  • This is McKesson’s 14th largest (disclosed) transaction.
  • This is McKesson’s 18th transaction in the United States.
  • This is McKesson’s 1st transaction in Montana.

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M&A Deal Summary

Date April 8, 2008
Target McQueary Brothers Drug Co.
Sector Distribution
Buyer(s) McKesson
Deal Type Add-on Acquisition
Deal Value 190M USD

Target Company

McQueary Brothers Drug Co.

Springfield, Montana, United States
McQueary Brothers Drug Co. is a regional distributor of pharmaceutical, health, and beauty products to more than 400 independent and regional chain pharmacies in Missouri, Arkansas, Illinois, Kansas, Oklahoma, Nebraska and Iowa.
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Buyer Overview 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 Context for Buyer #
Overall 20 of 52
Sector: Distribution 3 of 5
Type: Add-on Acquisition 20 of 42
State: Montana 1 of 1
Country: United States 18 of 37
Year: 2008 2 of 4
Size (of disclosed) 14 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Rosebud Solutions

Ann Arbor, Michigan, United States

Rosebud Solutions LLC is a provider of software solutions to track and manage instruments, endoscopes and tissue implants for surgical services, as well as medical crash carts and mobile equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-16 Vivalog Technologies

Seattle, Washington, United States

Vivalog Technologies is a vendor of Web-based information technology systems.

Buy -