Company

History

More than two decades ago, in 1994, Adolf Merckle founded the PHOENIX group; the company’s beginnings date back more than one hundred years. We can look back on a successful and eventful history.

  • 2016
  • Netherlands
    Netherlands Brocacef takes a leading position in the Dutch healthcare market by taking over Mediq Apotheken Nederland B.V. The PHOENIX group subsidiary holds this position with the pharmacies newly operating under the name BENU, its wholesale division and pre-wholesale activities.
  • Hungary The acquisition of the Hungarian Novodata Zrt. by ADG, a PHOENIX group subsidiary, strengthens the company’s position in the field of pharmacy software and till systems.
  • 2015
  • Slovakia and Czech Republic
    Slovakia and Czech Republic The PHOENIX group is strengthening its position in the local retail business with the acquisition of the company SUNPHARMA.
  • PHOENIX group
    PHOENIX group PHOENIX group with a unique geographical coverage: Presence in 25 countries with 153 distribution centres, and more than 1,700 of its own pharmacies in 12 European countries.
  • Germany Double gold for ADG and its parent company PHOENIX in the annual German pharmacy survey. For the third time in a row, they were jointly named “Best Pharmacy Partner” in their category.
  • 2014
  • 2013
  • PHOENIX group Successful issuance of another corporate bond with a volume of EUR 300 million.
  • Germany PHOENIX awarded for "Best pharmacy partner 2013."
  • 2012
  • Rating In summer 2012, rating agencies Fitch and Standard & Poor’s upgraded the bond rating by two notches to “BB”.
  • PHOENIX group Signing of a EUR 1.35bn syndicated facilities agreement.
  • PHOENIX group
    PHOENIX group Successful introduction of the new retail brand BENU in the first half of the year. The new store concept, comprising shop fittings, optimization of the presentation of goods as well as an individual consultation of customers has already been successfully implemented in several countries.
  • 2011
  • PHOENIX group
    PHOENIX group Announcement of BENU, the new retail brand in several European countries, starting in the Netherlands.
  • Italy Market position in Northern Italy strengthened with acquisition of Farcopa Distribuzione S.r.l. in the first quarter and Farmaceutici Signorini S.r.l. in the second quarter.
  • Netherlands Pharmacy chain Lloyds Nederland BV successfully integrated in the first quarter.
  • Rating In July rating agency Standard & Poor’s upgraded the company’s rating from B+ to BB- with continuing positive outlook. In August, the rating agency Moody’s raised the outlook for PHOENIX from “stable” to “positive”. In October, the rating agency Fitch issued a rating for PHOENIX of “BB” with a “stable” outlook.
  • 2010
  • PHOENIX group Sale of participations in KL Holding, ZAO Rosta and Andreae-Noris Zahn AG. Successful refinancing.
  • PHOENIX group Access to the capital market for the first time, following the issue of a bond with a volume of over EUR 500 million.
  • Switzerland Group Capitole signs its first 14 franchising contracts.
  • United Kingdom PHOENIX selected by Pfizer as its sole distributor to the non-dispensing market.
  • 2009
  • PHOENIX group In the course of the refinancing measures, the company becomes PHOENIX Pharmahandel GmbH & Co KG.
  • United Kingdom Appointment by Lilly UK of PHOENIX as one of two partners in a DtP distribution arrangement.
  • Bosnia and Herzegovina / Serbia Start of operations under the PHOENIX name.
  • 2008
  • Bulgaria Libra enters hospital and state procurement market: this step secures the leading position of Libra in combined market share in Bulgaria in 2009 and 2010. The hospital market team of Libra is the fastest-growing turnover and market share in Bulgaria – from 4,4% at the end of 2007 to 19,1% in 2010.
  • Italy Farmaceutica Bolognese (Emilia Romagna) merged in Comifar Distribuzione, after a first acquisition of 40% in 2005.
  • Netherlands foundation of Medithuis (development and implementation of care concepts).
    Netherlands
  • Switzerland The participation in Group Capitole is brought into the Swiss Oclanis Holding AG.
  • United Kingdom Rowlands acquires its 500th pharmacy (January). Acquisition of Munro – significantly larger facilities in Scotland and existing presence in Northern Ireland with depot in Belfast.
  • 2007
  • Italy Company's centenary celebrations.
  • Croatia Acquisition of Unipharm d.o.o. and Jadran-Pharma d.o.o., which leads to market leadership in Croatia.
  • Switzerland Acquisition of the majority share in Amedis-Holding AG, which leads to an indirect increase in our shareholding in Amedis-UE AG.
  • Czech Republic PHOENIX acquires EUROPHARM, a.s., a company operating about 80 retail pharmacies. During this period PHOENIX buys nearly 90% of shares and starts a new project of chain consolidation under the pharmacy name „Pharmaland“.
  • United Kingdom Completion of HQ extension providing 35% more office space (February). Establishment of dedicated hospital division to grow market share. Acquisition of predominantly southern based membership organisation, Nucare by Numark, with 550 new members from the independent sector (November). Acqusition of Practice Services (UK) Ltd (PSUK) – leading membership group and unique route to dispensing doctor market.
  • 2006
  • PHOENIX group Group-wide turnover exceeds EUR 20 billion for the first time. Acquisition of the wholesaler Viafarma, shares in the Czech company Europharm, and the majority share in the wholesaler Farmaceutica Bolognese.
  • Netherlands Introduction of Escura Apotheek, Brocacef's retail brand (February). Acquisition of ZALV (ZiekenhuisApotheek en Laboratorium Venray) by Brocacef Holding. ZALV delivers pharmaceutical care to healthcare institutions.
  • PHOENIX group Tamro MedLab is sold to the private equity investor CapMan on 1 June.
  • 2005
  • PHOENIX group Acquisition of the Bulgarian pharmaceutical wholesaler Libra AG and its subsidiaries in Macedonia, Serbia, and Montenegro.
  • Czech Republic Merger with local wholesaler Purus. At the time Purus hold 7-8% of market share, PHOENIX successfully takes over major part of Purus turnover and integrates staff and stock facilities.
  • United Kingdom Acquisition of East Anglian Pharmaceuticals. Formation of Rx Systems Ltd – UK systems house and provider of PMR and EPOS systems to UK pharmacies (March). Acquisition of East Anglian Pharmaceuticals in Norwich with its established presence in the hospital sector (August). Acquisition of Numark, market leading membership organisation for independent pharmacy.
  • 2004
  • Croatia Takeover of Medifarm Velebit d.d. and Farmacija d.d. As a part of the merger, the two companies acquired , Farmacija and Medifarm-Velebit, are renamed into PHOENIX Farmacija on 1 November 2004. As a result of those acquisitions, PHOENIX holds a market share of around 25 per cent.
  • Switzerland Group Capitole enters the Swiss German retail market by the acquisition of Pharmafit AG (group of pharmacies belonging to Amedis UE).
  • PHOENIX group PHOENIX receives title to all shares of Tamro Corporation (May). 100% shareholding in Tamro acquired: largest acquisition in the history of PHOENIX successfully completed; delisting from the Helsinki Stock Exchange.
    PHOENIX group
  • Hungary Merger of Westpharma Rt. and Bellis Rt. into PHOENIX Rt.
  • 2003
  • Croatia PHOENIX enters the Croatian market. In December, PHOENIX acquires 100 per cent of the shares in Farmacija d.d. in a public tender process. Farmacija is a long-established Croatian company and number 2 in the market. The contract for the acquisition of Medifarm Velebit, the fourth largest pharmaceutical wholesaler, is also signed at the end of December 2003.
  • Netherlands Brocacef subsidiary Magnafarma (producer of generics) sold to ratiopharm.
  • Slovakia Purchase of the market leader Fides.
  • PHOENIX group Acquisition of Apoteket AB’s shares by PHOENIX triggers a redemption process leading to a full takeover by PHOENIX.
  • Hungary Acquisition of Bellis Rt.
  • 2002
  • PHOENIX group Pharmahandel AG & Co KG merges with Ferd. Schulze GmbH Co.
  • PHOENIX group Group-wide turnover exceeds EUR 15 billion for the first time. Turnover in Germany exceeds EUR 5 billion for the first time.
  • 2001
  • Italy Joint venture with the Italian company Adivar: market leadership achieved in Italy.
  • Switzerland Takeover of Uhlmann-Eyraud S.A., based in western Switzerland.
  • PHOENIX group Full consolidation of the Tamro Group. Tamro’s subsidiary in liberalised Norway merges with the leading pharmacy chain Apokjeden, and Tamro subscribes to shares in the new Apokjeden Group. Tamro becomes an owner of pharmacies. Tamro Group also acquires pharmacies in Latvia and Estonia.
  • 2000
  • Italy Joint venture with Adivar, which operates in the centre and south of Italy. A&C-Adivar Comifar S.p.A. is the name, and controls Grossfarma Distribuzione in Sicily.
  • Netherlands Takeover of Brocacef Holding NV.
  • Switzerland Entry into the Swiss market. The founding of the new Amedis AG, a joint venture between the original Amedis company (new: Amedis Holding AG) and PHOENIX, underscores the latter's ambitions to take on shared responsibility in the distribution market for long-term success.
  • PHOENIX group The 33.7% stake in Tamro Group, Finland, owned by Danish investors, is acquired in April by PHOENIX Pharmahandel AG & Co KG.
  • Czech Republic PHOENIX acquires a wholesaling part of Medicamenta in Vysoké Mýto, Eastern Bohemia.
  • 1999
  • Italy Between ‘97 and ‘99 Comifar acquires CIM of Perugia, SAM of Treviso, La Commerciale Farmaceutici of Roma, Giovine Farmaceutici of Torino. All these companies are gradually merged into Comifar Distribuzione. In 1999 Comifar takes the control of Spem of Segrate, franchising model company.
  • Hungary Acquisition of Westpharma Rt.
  • 1998
  • United Kingdom Entry into the United Kingdom market: 11 distribution centres, a wholesale network with almost nationwide coverage. Acquisition by the PHOENIX group of regional wholesalers L. Rowland & Co. and Philip Harris Medical to establish a PHOENIX presence in the UK, with the aim of establishing a third significant player in the pharmaceutical distribution industry, alongside AAH/Lloyds and Unichem/Moss. The Rowlands estate comprises approximately 70 pharmacies.
  • 1997
  • Austria 100% takeover of the Austrian company Hestag.
  • France Schulze Pharma France is renamed PHOENIX Pharma.
  • 1996
  • Germany Restructuring completed, ADG and transmed combine their goods management and logistics activities. Internet portal "PHOENIX International Network (PIN)" goes online.
  • Germany / Austria / Switzerland
    Germany / Austria / Switzerland Pharmaceutical Science Award presented for the first time.
  • 1995
  • PHOENIX group Formation of Holding company PHOENIX International Beteiligungs GmbH.
  • Italy Majority acquired in the Northern Italian pharmaceutical wholesaler Comifar S.p.A.
  • Netherlands Acquisition of a 60-per cent shareholding in the second-largest Dutch pharmaceutical wholesaler ACF Holding NV, based in Marsen near Amsterdam.
  • Hungary Majority shareholding in the Hungarian pharma wholesaling company Parma Rt.
  • 1994