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The company agreed to acquire ADSG for $1.1 billion and acquired a majority stake in GIA for $2.8 billion.
Search Results for: Cardinal Health
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Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
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The new facility is set to offer specialized handling for sensitive products available by early 2025.
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The 350,000-square-foot distribution center will be the largest to support Cardinal Health's at-home healthcare medical supplies business.
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The new DC will replace a current facility there and be 30% larger.
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The company totaled $227 billion in 2024 sales, up 11% annually.
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It followed a 12% gain in 2Q.
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To support demand for consumer health products, Cardinal Health's new facility will be the central replenishment center for over-the-counter consumer health products.
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Bryan C. Hanson will serve as CEO of the independent health care company when it is spun off from 3M.
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