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Owens & Minor Inc To Buy Celesio AG's Movianto Unit For $158 Million- Reuters

Monday, 23 Jul 2012 08:00pm EDT 

Reuters reported that Owens & Minor Inc is planning to enter the European healthcare market through a $158 million buyout of the third-party logistics operations of German-based pharmaceutical distributor Celesio AG. The unit to be bought, Movianto Group, provides logistics services such as warehousing, transportation, re-packaging and re-labeling to pharmaceutical, biotechnology and healthcare companies. 

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