SPARTANBURG, S.C. — J M Smith Corp. plans to acquire drug wholesaler Burlington Drug Co. and certain retail operations assets of Pharmacy Health Services (PHS). Financial terms of the transaction weren’t disclosed. J M Smith said Tuesday that Burlington and PHS will operate as subsidiaries when the agreement is finalized, which is expected in early
SPRINGFIELD, Ill. — Ross Davison has joined H.D. Smith as chief financial officer. The drug wholesaler said Tuesday that Davison will oversee all of the company’s financial functions, including accounting, treasury, planning and budgeting, tax, risk management, corporate capital structuring and investor relations. Most recently, Davison served as CFO as ResCare Inc., a Louisville, Ky.-based
SPRINGFIELD, Ill. — Henry Dale Smith Sr., founder and chairman emeritus of H.D. Smith, the nation’s largest independent drug wholesaler, died at age 87. “The entire H.D. Smith family is deeply saddened by the loss of our founder and a pioneer in health care distribution,” said Henry Dale Smith Jr., his eldest son and current
SPRINGFIELD, Ill. — Henry Dale Smith Sr., founder and chairman emeritus of H.D. Smith, has died at age 87. The nation’s largest independent drug wholesaler said Monday that Smith passed away in Springfield, Ill., surrounded by family and loved ones. Smith founded H.D. Smith in January 1954, serving local pharmacies in the Midwest. A pharmacist