Owens & Minor, Inc. (NYSE: OMI) announced Thursday the completion of the sale of its European logistics business, Movianto, to EHDH Holding Group, one of Europe’s leading providers of healthcare logistics. “Today’s divestiture enables Owens & Minor to concentrate focus on our strategic pillars – Products, Services and Distribution – and to continue expanding our PPE manufacturing capacity in the U.S. and North America,” said Edward A. Pesicka, President and CEO of Owens & Minor. “This transaction also contributes to the continued financial and operational strength of Owens & Minor.”
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Source: https://www.businesswire.com/news/home/20200618005537/en/Owens-Minor-Completes-Sale-Movianto