NYSE:OMI
Owens & Minor is a leading healthcare services company that provides vital supply chain services to healthcare providers and manufacturers of healthcare products. The company offers integrated technologies, products, and services. Owens & Minor has distribution, production, customer service and sales facilities located across the Asia Pacific region, Europe, Latin America, and North America, and serves customers in 90 countries. The company’s operations can be divided into two distinct business units: Global Solutions (U.S. and European distribution, logistics and value-added services business) and Global Products (manufactures and sources medical-surgical products). The company’s manufacturing facilities are located in the U.S., Thailand, Honduras, Mexico, and Ireland. Over the years, Owens & Minor has developed extensive ties with the largest and most influential healthcare companies in the industry such as Medtronic, Johnson & Johnson and Becton Dickinson. The company operates through a network of over 40 distribution centers strategically located in the U.S. Most of its distribution arrangements are under a cost-plus percentage basis in which a negotiated percentage mark-up is added to the contract cost of the product.