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Ferrosan entrusting its pharmaceutical distribution in Finland to Oriola

The Danish healthcare company Ferrosan A/S is transferring the distribution of its pharmaceuticals and other healthcare products in Finland to Oriola as of 1 April 2002. The sales in Finland by Ferrosan, represented by its local subsidiary Oy Ferrosan Ab, comprise vitamins, minerals and so-called cosmeceuticals, the annual volume being in the region of 8.5 million euros.

- Our decision to entrust the distribution of our products to Oriola is motivated by the high quality and reliability of Oriola's logistic and reporting systems. We strongly believe that we will benefit from the way Oriola manages its relationships with the customers and that the co-operation with Oriola will enhance the positive development of our own business, says Kaj Molin, Managing Director of Oy Ferrosan Ab.

Oriola, a business division of the Orion Group, is a pharmaceutical distributor and wholesaler and a marketer of a broad range of equipment and supplies to the healthcare sector. With a total invoicing of 623 million euros in 2001, Oriola is the second largest healthcare distributor in Finland.