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Celesio concern at CMR's dwindling Irish market share | Print |  Email
Wednesday, 18 August 2004

Turnover at the pharmaceutical wholesaler Cahill May Roberts (CMR) rose 19% to €208m during the first half, according to new figures from its parent, the massive Stuttgart-based drugs distributor Celesio. However, the Irish operation is apparently losing market share to major sector players like Uniphar and United Drug, and is also trailing behind "comparable market growth", Celesio said. The group owns 55 pharmacies in this country since its recent acquisition of the Ryan chain in Limerick. Turnover at its Irish retail operations was up 8.4% to €54.5m, meeting expectations.

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