UniPhar cleared to acquire Ammado

The Competition Authority announced today (15th July) that it will allow the proposed acquisition by UniPhar plc (the parent company of the UniPhar Group) of Ammado Limited, (the holding company for the Whelehan Group).

Both parties are involved in the wholesale distribution of pharmaceutical and healthcare products.

The Competition Authority received notification of the proposed acquisition on April 8, 2004.

UniPhar plc is a pharmaceutical wholesaling company and the parent company of the UniPhar Group.

A number of Irish retail pharmacists own UniPhar plc.

The UniPhar Group has three main business divisions, all of which are active in the wholesaling of pharmaceutical products and also in the distribution of healthcare products in Ireland.

Ammado Limited is a holding company and parent of the Whelehan Group. The Whelehan Group has three main business divisions, all of which operate in sectors of the Irish pharmaceutical and healthcare industry.