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Celesio 

“Market Cap $3.2 B As of May 2013  At a Glance

  • Industry: Healthcare Services
  • Founded: 1835
  • Country: Germany
  • CEO: Markus Pinger
  • Website: www.celesio.com
  • Employees: 29,824
  • Sales: $28.64 B

Forbes Lists #1441 Global 2000

  • #330 in Sales
  • #1639 in Assets
Profile

Celesio AG is a Germany-based pharmaceutical distribution holding company. The Company, which is active in 27 countries, operates through three business divisions: Patient and Consumer Solutions, Pharmacy Solutions, and Manufacturer Solutions. The Patient and Consumer Solutions division offers retail and mail-order pharmacies, providing advice and services. The Pharmacy Solutions division is engaged in wholesale activities to pharmacies. The Manufacturer Solutions division is engaged in providing pharmaceutical logistics and related services such as storage, order picking and transport, among others, as well as providing marketing and sales solutions to pharmaceutical companies, including personnel services, direct marketing for OTC and medical products and sales support, among others. The Company is majority owned by Franz Haniel & Cie. GmbH. In August 2012, it announced the sale of Celesio’s Movianto Group to Owens & Minor, Inc.”

“Name Celesio

100 years as a public limited company – 1st year Celesio

In 2003 the company celebrated its centenary as a public limited company. The company was founded in 1835 by Franz Ludwig Gehe and opened to the capital market on 1 January 1903 as the result of conversion into a public limited company. In January 1904 the shares were approved for trading on the stock exchange in Dresden. Capital increases carried out in 1910 and 1912 laid the financial foundation for the country-wide sale of “drugs and paints, pharmaceutical and chemical products” in close proximity to customers. Our capital increase in the business year 2002 has once again given us the scope, in this our centenary year and following years, to expand in attractive markets. At the annual general meeting on 24 April 2003 the shareholders approved the change of name from GEHE AG to Celesio AG with an overwhelming majority of 99.98 percent. Therefore, in the 100th year as a public limited company, the 1st year of Celesio began.”

*Information from Forbes.com and Celesio.com

**Video published on YouTube by “CelesioAG