The company agreed to acquire ADSG for $1.1 billion and acquired a majority stake in GIA for $2.8 billion.
Latest In Cardinal Health
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
The new facility is set to offer specialized handling for sensitive products available by early 2025.
The 350,000-square-foot distribution center will be the largest to support Cardinal Health's at-home healthcare medical supplies business.
The new DC will replace a current facility there and be 30% larger.
The company totaled $227 billion in 2024 sales, up 11% annually.
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.
The Dublin, Ohio-based company also reported fiscal 2022 fourth-quarter revenue of $47.1 billion, an 11% annual increase.
Cardinal Health and the instant logistics company joined forces to offer on-demand, autonomous aircraft delivery to pharmacies.
For its 2022 fiscal first quarter, Cardinal Health reported $44 billion in revenues, a 13% increase over the same period the year before.
Previously announced, Cardinal Health is unloading the business for $1 billion.
Fiscal second-quarter increase led by growth in the companys pharmaceuticals segment.
Company hires Brian Rice as executive vice president, chief information officer and customer support services.
Fiscal first-quarter sales reach $35.2 billion, driven by growth in both pharmaceutical and medical segments.
Victor Crawford named CEO of distributors pharmaceutical segment, effective November 12.
Ola Snow named chief human resources officer, joins companys executive committee.
Company reports 7 percent sales increase in fiscal Q4, 5 percent increase for fiscal year 2018.
Acquisition drives growth in Medical segment in fiscal third quarter.
