Pharmaceutical & Cosmetic Review May 2017 | Page 6

News
Adcock Ingram acquires Virtual Logistics
IN A SIGNIFICANT move to expand its distribution
The reach of over 3 000 destinations, currently
combine the two companies’ schemes under the
offering, Adcock Ingram has acquired Virtual Logistics, serviced by Virtual Logistics, will enhance and new structure, which will assist in achieving our
a national and cross border fi ne distribution company. expand the Adcock Ingram offering of over 6 000 transformation objectives,’ Krige adds.
The acquisition became effective in April. drop points, allowing greater choice in the route to
Jeanette Charlton, MD and owner of Virtual Logistics
market for all industry stakeholders. This is important will join the Adcock Ingram Distribution management
Ingram is the only local pharmaceutical company in the pharmaceutical industry where compliance team to ensure a seamless integration process. ‘I am
offering a full service pharmaceutical distribution requirements are non-negotiable. excited about the future of Virtual Logistics and this
Already a well-established logistics operator, Adcock
solution. The company does direct distribution
nationally to wholesalers, hospitals, pharmacies, and
‘Adcock Ingram’s valuable owner driver enterprise
development initiative will gain critical mass as we
opportunity for the company to reach its full potential
under the Adcock Ingram umbrella,’ she comments.
home deliveries to patients.
‘This acquisition brings us closer to realising our
strategic vision of owning a fully compliant network
and will make us one of the largest fi ne distributors
in the country,’ says Tobie Krige, MD of the Adcock
Ingram’s distribution division. ‘Virtual Logistics has an
extensive national footprint across South Africa with
various tailored solutions. This expanded footprint
will complement our operational reach and capacity,
allowing for improved service levels to customers,
especially pharmacies. Our well established ability to
offer a contract service to potential customers, will be
Adcock Ingram’s fl eet of trucks
will grow with the acquisition of
Virtual Logistics
enhanced by this deal.’
CELEBRATING
15 YEARS OF
SOUTH AFRICAN
SKIN CARE
AFRICAN EXTRACTS, FORMULATED with the unique protective
benefi ts of rooibos, offers South African women effective and
affordable skin care products.
The company’s brand is inspired by nature, and particularly the
rooibos plant, which grows in the Cederberg in the Western Cape.
Rich in antioxidants, naturally soothing and proven to help skin
cope with the challenges of sun exposure, rooibos is recognised
worldwide for its skin care benefi ts.
The bio-active rooibos extract used in African