Alliance Boots, a leading international pharmacy-led health and beauty group, announces the completion of its acquisition of Depolabo, one of the largest providers of pharmaceutical pre-wholesale and contract logistics services in France. The acquisition, which has now been approved by the French competition regulator, will enable Alliance Boots to accelerate the expansion of its pre-wholesale and contract logistics services in Europe.
Depolabo distributes pharmaceutical products to wholesalers, pharmacies and hospitals on behalf of more than 50 manufacturers. It is headquartered in Marseilles, operates four warehouses across France and has approximately 600 employees.
Stefano Pessina, Executive Chairman, Alliance Boots, commented: "This acquisition allows us to further extend and reinforce the wide range of added-value services we provide to pharmaceutical manufacturers in Europe. It is fully in line with our strategy of strengthening our partnerships with these key stakeholders."
Alliance Boots is an international pharmacy-led health and beauty group with two core businesses, pharmacy-led health and beauty retailing and pharmaceutical wholesaling. Working in partnership with manufacturers and pharmacists, the Group delivers a range of products and services that help millions of consumers and patients look and feel their best. Formed on 31 July 2006, Alliance Boots is privately owned and employs over 110,000* employees. It has a presence in over 20* countries operating over 370* pharmaceutical wholesale warehouses delivering to over 135,000* pharmacies, doctors, health centres and hospitals. It operates more than 3,200* health and beauty retail outlets, of which over 2,900* have a pharmacy dispensing more than 210 million* items each year.
* Figures stated are as at 31 March 2008, are approximate and include associates and joint ventures.
For further information, please contact:
Yves Romestan/Zoe Farthing
Tel: +44 (0) 1932 871569
James Murgatroyd/Kirsty Flockhart
Tel: +44 (0) 20 7251 3801