Executive Briefings

McKesson's Canadian Footprint Grows With Takeover of Rexall Health

McKesson Corp., an international healthcare services and information technology company, is strengthening its position in Canada's pharmaceutical supply chain with the acquisition of Rexall Health for US$2.2bn.

McKesson's Canadian Footprint Grows With Takeover of Rexall Health

The operations of Rexall Health will be part of McKesson's Distribution Solutions segment. Rexall Health will continue to have a dedicated management team in Canada led by Jürgen Schreiber, while retaining its existing brand.

As part of the transaction, McKesson intends to acquire approximately 470 Rexall Health retail pharmacies. This will bring McKesson Canada’s employee number to 13,000 throughout the country.

Source: McKesson Corporation

The operations of Rexall Health will be part of McKesson's Distribution Solutions segment. Rexall Health will continue to have a dedicated management team in Canada led by Jürgen Schreiber, while retaining its existing brand.

As part of the transaction, McKesson intends to acquire approximately 470 Rexall Health retail pharmacies. This will bring McKesson Canada’s employee number to 13,000 throughout the country.

Source: McKesson Corporation

McKesson's Canadian Footprint Grows With Takeover of Rexall Health