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Owens & Minor, Inc.
OMI announced that, effective August 31,
2012, it has completed the previously announced acquisition of the
majority of the Movianto Group, a leading European healthcare
third-party logistics (3PL) business, from Celesio AG, for approximately
€130 million. The acquisition, which was funded by available cash, is
expected to be dilutive to earnings per share in 2012, neutral in 2013
and accretive thereafter.
Movianto serves pharmaceutical and medical device manufacturer customers
globally from 23 logistics centers in 11 European countries with
approximately 1,800 teammates, providing warehousing, transportation,
and cold chain logistics, as well as value-added services such as
order-to-cash, repackaging and relabeling of products. Movianto's
operational
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