Owens & Minor
Owens & Minor, Inc. (NYSE: OMI) is a global healthcare logistics company. It employs over 20,000 people in 70 countries. A Fortune 500 company, it was founded in 1882 in Richmond, Virginia, where it remains headquartered. The company has distribution, production, customer service and sales facilities located across the Asia Pacific region, Europe, Latin America, and North America. President and CEO Ed Pesicka joined Owens & Minor in March 2019.[1][2]
Company type
1882
Incorporated in 1926
- G. Gilmer Minor
- Otho O. Owens
Mechanicsville, Virginia, United States
10.3 billion (2023)
368.47 million (2021)
221.59 million (2021)
3.54 billion (2021)
939 million (2021)
- 20,000
Personnel[edit]
On March 7, 2019 Edward A. Pesicka became president and CEO, then also joined the company's Board of Directors. Pesicka was a former executive at Thermo Fisher Scientific.
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Richmond, Virginia center[edit]
In the fourth quarter of 2017, Owens & Minor opened a second office and customer service center in downtown Richmond, Virginia as part of a business rebranding strategy. Virginia Governor Terry McAuliffe called the new facility "an outstanding example of our continuing work building a new Virginia economy."[13] The corporationc also continued to work from its various offices across the United States.[13]
Movianto[edit]
In 2018, the company’s Movianto subsidiary won a contract estimated at £10.5m a year to warehouse and distribute the UK government’s stock of emergency personal protection equipment (PPE) which had previously been managed by DHL.
Following a dispute over payment of rent, Movianto gained a UK High Court injunction in March 2019 to stop Industrial North West LLP, owner of the rented industrial property, from locking the gates and thereby preventing the company from conducting its business.[14]
In 2020, Movianto was criticised as causing delays to the distribution of the UK government’s stockpile of PPE. Following news of shortages in hospitals, the British army was sent to Movianto’s warehouse to assist in the rapid deployment of PPE, with the Department of Health and Social Care contradicting the allegation. An investigation did establish, however, that Movianto had previously stored the equipment in a smoke-damaged warehouse that was found to contain asbestos.[15]
On 16 January 2020, Owens & Minor announced its intention to sell its European logistics business, Movianto, to EHDH Holding Group (EHDH), a privately held French company providing healthcare logistics services to European markets,[16] with the sale completed 18 June 2020.[17]
Media related to Owens & Minor at Wikimedia Commons
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