Pharma company agrees €50m deal with firm

Uniphar, the Irish-owned pharmaceutical wholesale and distribution company, has reached agreement to buy aspects of fellow Dublin-based firm Cahill May Roberts for €50m.

Pharma company agrees €50m deal with firm

The deal, which is subject to Competition Authority approval and is expected to be completed during the first quarter of next year, will see Uniphar purchase the wholesale and pre-wholesale businesses of Cahill May Roberts, which is owned by German healthcare giant Celesio.

It will also solidify Uniphar’s position of second largest drug wholesaler in the Irish market behind United Drug, with a 37% market share. United currently has a 43% share of the market.

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