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Medco acquires German e-tailer of health care products

Transaction expected to close in January.Pharmacy benefits manager Medco Health Solutions Inc., in Franklin Lakes, said Monday it acquired Shop-Apotheke.com, a seller of over-the-counter medicines and other health care products. Medco made the acquisition for undisclosed terms through German subsidiary Europa Apotheek Venlo.

 

The Web site will be managed through Europa Apotheek Venlo, a provider of mail-order prescription drugs. The current management team at the site will remain in place. The merger was approved by German authorities in November, and the deal is expected to close in January.

 

E-mail João-Pierre Ruth at jpruth@njbiz.com

 

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