Owens and Minor

Owens and Minor, Inc. is a Fortune 500 company headquartered in Richmond, Va. The company serves 4500 healthcare providers from 55 distribution centers located through the United States with a broad selection of medical and surgical supplies. The company’s major product suppliers include Covidien and Johnson&Johnson. O&M sells 2900 value products under its own MediChoice label. The strong relationships that have been built with the nation’s leading suppliers has benefitted healthcare provider customers earning Owens and Minor a customer satisfaction rate of 98 %( O&M). Owens & Minor’s common shares are traded on the New York Stock Exchange under the symbol OMI. Our goal is to deliver long-term value to our shareholders and we have paid dividends consistently since 1930. Delivering the difference is our mantra, and we strive every day to live up to that.

Owens and Minor, Inc. was created in 1882 by Otho O. Owens and G. Gilmore Minor, salesmen working for competing drug wholesalers. The company started as retail and wholesale businesses filling prescriptions, selling sundries, paints, oils, and window glass. After Owens death in 1906, the Minor family became instrumental in the future success of the company. In the 1960s, the company entered the medical-surgical supply business after buying A&J Hospital Supply in 1966 and Powers and Anderson in 1968. In 1992, we made a decision to sell our wholesale drug business and focus entirely on the medical/surgical marketplace. Through strategic acquisition of other medical-surgical distributors over the decades, Owens and Minor gained national strength and stature to become the industry leader in healthcare distribution. (Hoover)

In 2010, O&M launched a new division, OM HCL to offer third-party logistics services to suppliers seeking to lower costs by outsourcing all their supply chain processes, including warehousing, repackaging, sample and data management (Hoover). Owens and Minor Healthcare Logistics (OM HCL) and...