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Deal Date: 25-09-2015 Practice Area: Corporate and M&A
Deal Title: US McKesson Acquisition of UDG Pharmaceutical Distribution Division Industry: Pharmaceuticals & Biotechnology
Description:
DLA Piper advised the US McKesson Corporation, and its German subsidiary Celesio AG, on the acquisition of the pharmaceutical distribution division of UDG Healthcare. The purchase price was EUR408 million. Under the terms of the agreement with UDG, McKesson would acquire the following parts of the company: United Drug and United Drug Sangers, leading wholesale operations across the Republic of Ireland and Northern Ireland; TCP, a leading home healthcare provider in the Republic of Ireland; and MASTA, UDG's travel healthcare business based in the United Kingdom.
Financial Center: Hamburg Value: 500.01-1000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Germany Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Benjamin Parameswaran