RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor (NYSE: OMI) today announced that it has completed the transition of the acute-care distribution business acquired from McKesson Medical-Surgical Inc., a business unit of McKesson Corporation, on September 30, 2006. Immediately after the close of the transaction, Owens & Minor and McKesson launched a cooperative, six-month transition effort designed to achieve an orderly and rapid conversion of the customer base and transfer of inventory to Owens & Minor by the end of March 2007. In the approximately $169 million transaction, Owens & Minor acquired certain assets, including net inventory valued as of the closing date at approximately $122 million, customer contracts, and 10 leased warehouse facilities.
