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STATEMENT: Walden Group officially enters the Italian market

(Information sent by the signatory company).

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STATEMENT: Walden Group officially enters the Italian market

(Information sent by the signatory company)

-Walden Group, one of the main players in European healthcare logistics, officially enters the Italian market

The group's objective is to position itself as a key player in the Italian market and to continue strengthening the offer of logistics solutions for its clients throughout Europe.

MILAN and PARIS, March 6, 2024 /PRNewswire/ -- Walden Group, one of the main players in the healthcare logistics sector in Europe, officially enters the Italian market after the acquisition of the two Italian companies XCM Healthcare, a company healthcare logistics, and Unitex, a temperature-controlled last mile network dedicated to the healthcare sector, belonging to the Marzano family, founder of the Farmacia S. Caterina group, and CEO Gaetano Colella.

With a 2.4% share of the world market in terms of drug consumption, Italy has always been Walden's focus; The high level of experience in the field of R&D, especially in the biotechnology sector, are among the main reasons that convinced the group in this decision. As a major player in the pharmaceutical supply chain and distribution solutions provider, acquisitions have proven to be essential to enter the Italian market.

Furthermore, Italy is the third European country where the group will expand its operations within a year, following recent expansions of transport activities in Romania and Germany. The group has big ambitions for the future and more projects are already in the planning phase.

"I am delighted to announce what we have achieved together; we share the same values ​​and business mentality as the Marzano family and CEO Gaetano Colella. This was certainly a key element in the decision to merge our companies," said Stéphane Baudry , president of Walden Group.

In recent years, the Marzano family and CEO Gaetano Colella have developed Unitex, a strong transport network organized around two main hubs strategically located in the north (Milan) and south (Naples) of Italy, to offer a Comprehensive national coverage through a consolidated network of twenty-four regional depots.

The network will join Eurotranspharma, Walden's subsidiary specializing in last-mile pharmaceutical solutions, which makes daily deliveries to pharmacies, hospitals, wholesalers and other healthcare providers in nine countries. Thanks to the new acquisition, Eurotranspharma will expand its presence to ten European countries to offer a broad and reliable service to all its clients.

Eurotranspharma will introduce its services to the Italian market while maintaining high quality standards and impeccable distribution practices. This will be supported by Walden Digital's sophisticated IT systems, specifically dedicated to the healthcare sector, enabling full traceability of crucial healthcare products at every stage of the supply chain.

In parallel, XCM Healthcare has developed a promising healthcare logistics business that will be strengthened through integration with Movianto, Walden's main healthcare logistics solution, which is already present in twelve European countries.

Movianto provides complete solutions for supply chain management, ensuring reliable transfer of products from manufacturer to patient. His expertise particularly extends to sensitive healthcare products such as biotechnology, vaccines and in vitro diagnostics. In addition to logistics management, the company offers high value-added services, such as order and collection management and laboratories dedicated to quality control. These services cover the entire supply chain, allowing manufacturers to focus solely on their core business.

"The recently completed acquisition marks the first step in our development in Italy. We are excited to collaborate with the Unitex and XCM teams to begin the implementation of Eurotranspharma and Movianto solutions in Italy. I am confident that we will achieve outstanding results, considering the experience of the Unitex and XCM teams, combined with our international presence in Europe, which contributes to a deep knowledge of the global market and experience in different business management models."

"Of course, continuing to expand our presence in Europe is a priority, but we are a flexible organization and are always ready to take advantage of opportunities. Therefore, we are ready to grow wherever we can bring value to our customers and new healthcare markets. , expanding beyond Europe," concluded Baudry.

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Press inquiriesLaure Muratlaure.murat@walden-group.com

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