Subscribe to our free, weekly email newsletter!


Owens & Minor completes acquisition of the Movianto Group, a leading European healthcare 3PL

Acquisition adds 23 logistics centers in 11 European countries.
By Modern Materials Handling Staff
September 04, 2012

Owens & Minor, Inc., 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 $164 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 capabilities and services are highly complementary to those of OM HealthCare Logistics, Owens & Minor’s domestic healthcare 3PL service, and the combination will enable Owens & Minor to offer healthcare manufacturers in the U.S. and Europe expanded global reach.

“Movianto provides Owens & Minor with a premier European healthcare logistics service and also gives us a global platform from which to serve our healthcare manufacturer customers,” said Craig R. Smith, president & chief executive officer. “This acquisition immediately increases our scope and scale in the third party logistics arena. Our manufacturer partners are asking for our assistance on a global basis, and now, with Movianto, we can offer them a comprehensive 3PL solution. We look forward to welcoming the Movianto team to the Owens & Minor family.”

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Freedonia research highlights growing domestic interest in automation.

American Logistics Aid Network mobilizes logistics partners to deliver supplies to difficult-to-reach areas.

In a fundamentally changed world, your approach to strategy, and your supply chain, must also change. Andrew Winston, author of The Big Pivot, discusses how business can profit from this fundamental change.

Voice-enabled work is one element in a broad management strategy to improve order accuracy, increase productivity, and reduce labor costs in the supply chain. This complimentary white paper is designed to help you speak the ROI language, and provides a calculation formula to present the performance and financial payback from a variety of voice-enabled applications.

Conveyor manufacturers revise growth estimate up from 2% to 5%.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA