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Imperial acquires 70% in Dutch pharmaceutical, medical supplies wholesaler to the African market

[Johannesburg, 24 October 2014] - Imperial has acquired a 70% interest in Imres for €46 million cash, effective 1 September 2014. Imres, a wholesaler of pharmaceutical and medical supplies to NGO, hospitals and retailers, operates in the international medical relief industry, targeting mainly African emerging countries with developing healthcare markets and needs.

Imres plays a key role in the supply chain to end-users, offering sourcing, inbound logistics, supplier audits, quality control, warehousing, distribution and transport co-ordination. Its product portfolio includes pharmaceuticals, medical kits, disposables, hospital equipment and related medical products.

Mark Lamberti, CEO of Imperial Holdings, said: "The transaction is consistent with Imperial's espoused strategy to expand its participation in the distribution of fast moving consumer goods and pharmaceuticals in Africa, complementing the capabilities and market presence of Imperial Health Sciences, MDS Logistics, Eco Health, and Pharmed, acquired over the past two years."
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Imperial acquires 70% in Dutch pharmaceutical, medical supplies wholesaler to the African market

Last updated : 24 October 2014

 
 

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