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Medco's European unit purchases online supplier

Medco Health Solutions Inc. said that its majority-owned German subsidiary has acquired an online over-the-counter and health-care products site that also is based in Germany.

Medco Health Solutions Inc. said that its majority-owned German subsidiary has acquired an online over-the-counter and health-care products site that also is based in Germany.

Medco, based in Franklin Lakes, N.J., and with 1,180 employees at its Willingboro facility, said that Europa Apotheek Venlo, which provides mail-order prescription medications in Germany and Holland, had acquired shop-apotheke.com.

Terms were not disclosed; Medco said shop-apotheke.com has more than 300,000 registered buyers.    - Roslyn Rudolph