Movianto to be sold to US firm Owens & Minor


 

Medical 3pl giant Movianto is to be sold by parent company Celesio to US firm Owens & Minor for €130m. Celesio says it wants to divest of logistics arm Movianto, which has been part of the German-based company since 2004,  to concentrate on its core sectors of pharmaceutical wholesaling and pharmacies, which accounts for 95% of the group’s business. It adds that the divestment will happen more swiftly than originally planned due to “the buyer’s reputation for quality and integrity”. […]