In a significant move to expand its distribution offering, Adcock Ingram Healthcare has acquired Virtual Logistics, a national and cross-border distribution company. The acquisition became effective this month.
The pharmaceutical company does direct distribution nationally to wholesalers, hospitals and pharmacies, and home deliveries to patients.
“This acquisition brings us closer to realising our strategic vision of owning a fully compliant network,” said Tobie Krige, managing director of the distribution division. “Virtual Logistics has an extensive national footprint across South Africa with tailored solutions for hospitals, pharmacies, clinics, healthcare practices and general retail delivery outlets.”
“Adcock Ingram’s owner driver enterprise development initiative will gain critical mass as we combine the two companies’ schemes under the new structure, which will assist in achieving our transformation objectives,” Krige added.
