Announced
Synopsis
Cardinal Health, a distributor of pharmaceuticals and specialty products, agreed to acquire Advanced Diabetes Supply, a distributor of specialized diabetes supplies, from Court Square Capital, a private equity firm, for $1.1bn. "We couldn't be more excited about joining Cardinal Health at-Home Solutions to build on our mission of being a trusted partner in this critical space of the healthcare industry. It's clear that we both share the same passion of making sure the patients we serve have the best possible outcomes. Together, we can bring more simplicity, speed and quality to patients living with diabetes and the providers who care for them," Bill Mixon, Advanced Diabetes Supply CEO.
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