industry pharmaceuticals founded 1835 founder franz ludwig gehe headquarters stuttgart germany key people marc e. owen chairman of the management board chief operating officer labour relations director john h. hammergren chairman of the supervisory board services pharmaceutical wholesale and retail revenue 22.325 9 million 2014 operating income 237.0 million 2014 profit 52.4 million 2014 total assets 7.829 6 million 2014 total equity 2.761 5 million 2014 number of employees 29 123 2014 parent mckesson corporation website www.celesio.com celesio ag is a german healthcare and pharmaceutical company based in stuttgart . the company operates in 14 countries around the world and generated revenue of more than 22 000 million euros in 2014 . the corporation is part of the american mckesson corporation who has a 76 % stake in the company . contents 1 overview 2 group structure 3 history 3.1 1835 1948 3.2 1948 1981 3.3 1981 2003 3.4 2003 onwards 3.5 management board 3.6 supervisory board 4 see also 5 references 6 external links overview edit celesio head office in stuttgart bad cannstatt the head office is situated in stuttgart bad cannstatt between the wilhelma zoo and botanical gardens and the mineral baths . the company s core business consists of pharmaceutical wholesale and pharmacies . in the pharmaceutical wholesaling sector celesio has a market presence in 14 countries . it has a range of services for pharmacists on matters of health medicines and wellness . an extensive distribution network of more than 134 branches provides deliveries to some 65 000 pharmacies and hospitals . citation needed group structure edit pharmacy solutions celesio s pharmacy solutions division focuses on the pharmaceutical wholesale business . pharmaceutical wholesale has always been a major cornerstone of celesio s core business . with its subsidiaries celesio ag is represented in 11 european countries and brazil . a total of 134 wholesale branches supply around 65 000 pharmacies and hospitals every day . citation needed consumer solutions celesio s consumer solutions division runs pharmacies of its own as well as partnership pharmacies . they sell a wide range of non prescription products and medical services besides the traditional prescription pharmaceuticals . celesio is one of the largest pharmacy operators in europe with 2 200 pharmacies of its own and 4 300 participants in brand partnership schemes . citation needed it owns evolution homecare which provides clinical homecare services across the united kingdom . it was reported in january 2016 that it was to buy bupa s domiciliary care business . 1 history edit 1835 1948 edit the company was founded in 1835 by businessman franz ludwig gehe in dresden 2 and opened to the capital market on 1 january 1903 as the result of a conversion into a public limited company . 3 in january 1904 the shares were approved for trading on the former stock exchange in dresden . in 1909 the company relocated to a new and bigger site in the leipziger strasse and gave up their former seat in the k nigstrasse both in dresden . the capital increase that took place in 1910 and 1912 laid the financial foundation for the country wide sale of drugs and paints pharmaceuticals and chemical products in proximity to customers . following this expansion the company founded its first subsidiary in stuttgart germany . after the second world war the headquarters in dresden as well as most of the subsidiaries were dispossessed and the gehe & co. ag relocated completely to west germany with subsidiaries in stuttgart kassel and sulzbach rosenberg in order to re establish the enterprise . the original company building in dresden was in 1947 re fashioned under heilchemie and continued to function as a state owned enterprise later in april 1951 heilchemie merged with the likewise state owned company dr. madaus & co to become the veb arzneimittelwerk dresden 1948 1981 edit effective as of 1 january 1973 haniel took control of the majority of gehe s shares . a key condition in the haniel takeover was that management remain within the company in order to continue to enhance and develop the solid foundations established after the war . the pre war recognisable name of gehe managed to regain some of its prominence amongst pharmacists as a result of the acquisition of branches throughout germany . the transition to haniel saw the acquisition of branches in following places bremen hamburg kassel kelkheim landshut m hldorf m nchen n rnberg regensburg and stuttgart . in 1973 the company s target revenue totalled 285 million deutsche mark . owing to the majority shareholder franz haniel & cie. other wholesalers were incorporated into the group for example friedrich sch fer gmbh weiterstadt and kaiserslautern wilmaco gmbh hamm and lieser pharma gmbh duisburg . 1981 2003 edit 1985 saw the successful acquisition of the kaiser kraft group based in stuttgart a mail order service for transport stock business and office supplies . until 1992 customers in germany were supplied from warehouses in hamburg berlin haan dresden stuttgart and munich . throughout the following years trade was extended to 14 countries in europe and the usa . with the stock market launch of the takkt on 15 september 1999 the mail order segment of the business was separated from the rest of the enterprise . 2003 onwards edit at the annual general meeting on 24 april 2003 the shareholders approved the change of name from gehe ag to celesio ag with an overwhelming majority of 99.98 % ; therefore in the 100th year as a public limited company the first year of celesio began . until today the german subsidiary gehe pharma handel continues trading under the original name . on 26 april 2007 celesio announced its acquisition of a 90 % stake in the mail order pharmacy docmorris 4 out of which it wanted to establish a pharmacy chain . for the pharmaceutical wholesaler gehe part of the celesio group this acquisition resulted in a loss of customers as pharmacists saw a conflict of interest in this chain . docmorris now functions as a franchise like concept by the pharmacists in exchange for a monthly license fee for the use of the docmorris brand . docmorris was later sold by celesio to the rose ag in october 2012 . 5 the european parliament passed a notion on 19 may 2009 making pharmacy chains illegal in germany in accordance with european law . 6 on 29 june 2009 it was announced that celesio had predominantly acquired brazil s largest pharmaceutical wholesaler panpharma . three years later in 2012 celesio overtook the company completely . 7 at the end of june 2011 celesio s long time chief executive officer fritz oesterle left his position to be replaced by markus pinger on 15 august 2011 . however on 3 july 2013 the celesio supervisory board dismissed pinger as ceo with immediate effect . dr marion helmes took over the function of speaker of the supervisory board of the celesio ag in addition to her role as chief financial officer until further notice . 8 since december 2012 stephan gemkow as controlling shareholder of the franz haniel & cie. gmbh has been the chairman of the celesio supervisory board . 9 16 september martin fisher takes up his position as new chief operations officer of the company . on 19 september celesio sells its mail order subsidiary rudolf spiegel gmbh to wepa apothekenbedarf gmbh . 24 october 2013 mckesson announces agreement to purchase celesio to create leading global healthcare services platform . in january 2014 mckesson announced that it was unsuccessful in completing the acquisition offers . 10 19 september 2014 celesio sets up a new leadership team . stephan borchert management board member and chief marketing & sales officer will leave the company with the end of 22 september 2014 and the supervisory board appoints tilo k ster as third member to the management board effective 23 september 2014 . 6 february 2015 mckesson corporation concludes the acquisition of more than 75 percent of celesio shares and is therefore the new majority shareholder in celesio . 27 april 2015 celesio announces the intention to sell its brazilian operations to weaken their market position in south america . 29 july 2015 sainsbury s and celesio form a strategic pharmacy partnership that will see lloydspharmacy acquire sainsbury s pharmacy business for 125m . management board edit marc owen chairman of the management board chief operating officer and labour relations director since 16 july 2014 . tilo k ster member of the management board legal and compliance since 23 september 2014 alain vachon chief financial officer since 16 july 2014 . supervisory board edit john h. hammergren chairman ihno goldenstein deputy chairman klaus borowicz professor dr. wilhelm haarmann paul c. julian j rg lauenroth mago pauline lindwall susan naumann ulrich neumeister w.m. henning rehder patrick schwarz sch tte gabriele katharina stall see also edit lloyds pharmacy owned by celesio references edit celesio in exclusivity to acquire bupa s home care division . health investor . 21 january 2016 . retrieved 27 january 2016 . 1 . mai 1835 unternehmensgr ndung 1903 1947 geschichte 26 . april 2007 celesio erwirbt mehrheit an docmorris spiegel pharmadiscounter docmorris wird an die schweiz verkauft 25 . oktober 2012 martin w. buchenau maike telgheder peter thelen eugh urteil desaster f r doc morris . in handelsblatt 19 . mai 2009 . abgerufen am 1 . juli 2012 . handelsblatt celesio will panpharma komplett bernehmen 26 . april 2012 handelsblatt online celesio setzt chef markus pinger vor die t r mitglieder des aufsichtsrats j rgen kluge vorsitzender anteilseignervertreter . celesio.com . abgerufen am 1 . juli 2012 . mckesson announces results of celesio offer 13 january 2014 . external links edit wikimedia commons has media related to celesio . official website v t e mdax companies of germany aareal bank airbus group aurubis axel springer bilfinger brenntag cts eventim deutsche euroshop deutsche pfandbriefbank deutsche wohnen d rr elringklinger evonik industries fielmann fraport fuchs petrolub gea group gerresheimer dmg mori seiki ag hannover re hella hochtief hugo boss jungheinrich kabel deutschland kion group kl ckner krones kuka lanxess leg immobilien leoni man metro mtu aero engines norma group osram prosiebensat .1 media rheinmetall rh n klinikum rtl group salzgitter s dzucker symrise stada tag talanx wacker chemie wincor nixdorf zalando retrieved from https en.wikipedia.org w index.php title celesio & oldid 711434928 categories companies based in stuttgartgerman brandspharmacy brandspharmaceutical companiescompanies established in 1835health care companies of germanyhidden categories use dmy dates from november 2013all articles with unsourced statementsarticles with unsourced statements from january 2016articles with unsourced statements from march 2015commons category with page title same as on wikidata navigation menu personal tools not 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