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Meijer to buy specialty pharmacy Aureus

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GRAND RAPIDS, Mich. — Meijer Inc. has entered an agreement to buy Aureus Health Services, a national specialty pharmacy and health management service provider.

Meijer Inc. has entered an agreement to buy Aureus Health Services, a national specialty pharmacy and health management service provider.

Financial terms of the deal weren’t disclosed. The supercenter retailer said late Wednesday that the addition of Aureus’ high-touch, patient-centered services will enable the chain’s pharmacy operation to enhance its customer offerings, namely to patients with complex chronic conditions.

"The ability to provide specialty pharmacy services to our customers supports our objective to provide total patient care," Meijer president J.K. Symancyk said in a statement. "Between Aureus Health Services’ national strength and the strong Midwest footprint of Meijer, this purchase combines two reputable industry leaders and creates an opportunity for national growth by providing better service to customers."

Based in Pittsburgh, Aureus operates facilities in New York, New Jersey, Missouri and Pennsylvania. Meijer has 217 supercenters and grocery stores, with pharmacies, in Michigan, Ohio, Indiana, Illinois and Kentucky.

"We are very pleased to join the Meijer organization," stated Aureus chief executive officer Michael Nameth. "This acquisition will not only benefit customers and patients through a stronger organization, but it will also provide growth opportunities for our team."

Plans call for Nameth will remain as CEO of Aureus, which will become a new Meijer business unit. The acquisition is expected to be completed within the next few months, according to Meijer.

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