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.
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.”

About the Author

Modern Materials Handling Staff

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

Despite advances in process automation, vital business processes consisting of data-driven tasks such as collecting, reviewing, and inputting information still exist in most organizations. These tasks are mundane, repetitive and... okay, boring.

Pressure-senstitive labeling machinery company expands Accraply's products and markets.

The new tire handling systems group will offer a variety of services including design engineering, project management, site supervision, controls, software, automated storage and retrieval, and custom manufacturing solutions specific to the tire industry.

New facility to house more than 300 engineers, project managers, sales, customer service and administrative staff.

Material handling parts distributor acquires Mid-Atlantic industrial safety distributor.



© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA