Alliance Boots has announced 100% ownership of shares in ANZAG, one of Germany’s largest pharmaceutical wholesalers.
Germany a key market
ANZAG operates the majority of its distribution centres in Germany, Europe’s largest pharmaceutical market, where it serves approximately 8000 customers. The wholesaler also has businesses in Romania and Lithuania and an associate in Croatia.
Alliance Boots announced its plan to obtain complete ownership of the wholesaler last year following the acquisition of 14.1% shares through its subsidiary Alliance Healthcare Deutschland Holdings 1 GmbH. The retailer has now secured the remaining shares from the minority ANZAG shareholders giving it a firm hold in one of Europe’s leading markets.
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