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CVS buys Bergen Brunswig's Stadtlander for $125mm

Executive Summary

Focusing mainly on its drug distribution business, Bergen Brunswig will divest its specialty pharmacy unit, Stadtlander Pharmacy, to CVS Corp.'s ProCare Pharmacy division in a cash transaction valued at $125mm. As part of the deal, BB will also provide ProCare with $2.5bn worth of pharmaceuticals over a five-year period through its Bergen Brunswig Drug Co. subsidiary.
Deal Industry
  • Pharmaceuticals
  • Services
    • Pharmacy Services, PBMs
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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