Oriola-KD signs letter of intent with four pharmacy chains in Sweden on purchasing, warehousing and pharmacy distribution of OTC products and traded goods

(Thomson Reuters ONE) -


Oriola-KD Corporation Stock Exchange Release 9 May 2012 at 1:45 p.m.


Oriola-KD's Swedish pharmaceutical wholesale business, Oriola AB has signed a
letter of intent with Apoteksgruppen, DocMorris, Medstop and Vårdapoteket on
purchasing, warehousing and pharmacy distribution of OTC and traded goods
products. The pharmacy chains signing the letter of intent had a combined market
share of some 25 percent of the Swedish pharmacy market in 2011.(KPMG report
 01/2012)

The target is to sign co-operation agreements with the pharmacy chains during
the second quarter and to start the co-operation in the autumn of 2012.

"The letter of intent with Apoteksgruppen, DocMorris, Medstop and Vårdapoteket
on purchasing, warehousing and pharmacy distribution of OTC products and traded
goods is a significant strategic step for Oriola-KD. We are extremely pleased
with the upcoming co-operation with these pharmacy chains. We will continue our
determined work for providing and developing high quality services for
pharmaceutical companies and pharmacies in Sweden." Eero Hautaniemi, President &
CEO, Oriola-KD Corporation.



Oriola-KD Corporation


Eero Hautaniemi
President & CEO


For additional information, please contact:

Mr. Eero Hautaniemi
President & CEO
tel. +358 10 429 2109
email: eero.hautaniemi(at)oriola-kd.com

Distribution:
NASDAQ OMX Helsinki Ltd.
Principal media

Published by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo
www.oriola-kd.com







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(i) the releases contained herein are protected by copyright and
other applicable laws; and

(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Oriola-KD Oyj via Thomson Reuters ONE
[HUG#1610306]

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Datum: 09.05.2012 - 12:46 Uhr
Sprache: Deutsch
News-ID 144518
Anzahl Zeichen: 2328

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Business News

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