Adcock Ingram has acquired private group Virtual Logistics, a national and cross-border fine-distribution firm, as it looks to expand its distribution capacity. Adcock Ingram is the only local pharmaceutical company offering a full service pharmaceutical distribution solution in SA. However, the group had been looking to enhance its fine, nonbulk distribution. "This acquisition brings us closer to realising our strategic vision of owning a fully compliant network and will make us one of the largest fine distributors in the country," said Tobie Krige, MD of Adcock’s distribution division. Fine distribution involves deliveries to the end customer as opposed to mass suppliers. It consists of smaller volumes of mixed items. "Virtual Logistics has an extensive national footprint across SA with tailored solutions for hospitals, pharmacies, clinics, healthcare practices and general retail delivery outlets. "This expanded footprint will complement our operational reach and capacity, allowin...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.