Alliance Boots acquires full ownership of the UniDrug Distribution Group

BERN, Switzerland - Alliance Boots on Monday announced it has acquired full ownership of UniDrug Distribution Group, its pre-wholesale and contract logistics joint venture in the United Kingdom, from UDG Healthcare for a consideration of around £66 million ($110.4 million) for the 50% shareholding it did not already own. 

 

The joint venture is already part of the Alloga pan-European network and will shortly be rebranded to Alloga.

 

“Acquiring full ownership of this successful joint venture will enable us to provide our U.K. pharmaceutical customers with a broader and more integrated range of flexible pre-wholesaling and contract logistics solutions, while further building on our investment in the Alloga network across Europe," stated Ornella Barra, chief executive, wholesale and brands, Alliance Boots.