- 17 January 2020
- Transport / Logistics Services
B2B express delivery, pharmaceuticals logistics and transport providers EHDH has announced plans to finalise the acquisition of Movianto, a healthcare, biotech and pharmaceuticals logistics and distribution provider, from current owners Owens & Minorin.
Upon the acquisition taking place, EHDH will be a European leader in pharmaceuticals logistics and distribution. EHDH’s CEO and Chairman Stéphane Baudry will remain the group’s majority shareholder.
Baudry said, “The quality of operations, the solid reputation and the values of Movianto are perfectly consistent with EHDH. This opportunity comes at a key moment in our development and in response to market demand for a single contact to handle all logistics and transport services at European level.”
Once the usual regulatory hurdles have taken place, the acquisition is set to take place in the middle of the year.