AAH Pharmaceuticals

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AAH Pharmaceuticals
Subsidiary
Industry Pharmaceuticals and healthcare
Predecessor Amalgamated Anthracite Holdings Limited
Founded 29 June 1923 (1923-06-29)
Headquarters Coventry, England, United Kingdom
Number of locations
19 depots
Area served
United Kingdom
Key people
Cormac Tobin
(Group Managing Director)
Owner Celesio
Website AAH

AAH is a pharmaceutical wholesaler in the United Kingdom. Originally formed in 1892 as a company selling solid fuels in South Wales, it was floated on the stock exchange in 1923. It diversified into pharmaceuticals in the 1970s, and since 1995 it has been a subsidiary of the German company Celesio AG.

History

AAH originated in 1892, when Cleeves Company was formed in Wales, owning about 7,000 acres of land. It merged with two local companies, Gurnos and Gellveeidrim, to form Amalgamated Anthracite Collieries Limited.

The Chairman of the company was Alfred Mond, 1st Baron Melchett and it was floated on the Stock Exchange on 29 June 1923. The registered office was 29/30 King Street, Cheapside, London. Amalgamated Anthracite Collieries Limited held its first company meeting on 5 September 1923 at the Cannon Street Hotel. On 1 July 1927, the company merged with United Anthracite Collieries Limited to become known as A.A.C Anthracite, based at 120 Fenchurch Street.

AAH's original business was producing and distributing anthracite and other solid fuels across South Wales. The company later diversified its interests in different markets including health services, building materials, transport, warehousing and environmental services (landscape conservation and waste disposal). In 1954, it was agreed to change the company name to Amalgamated Anthracite Holdings Limited (AAH). In early 1971 the company abbreviated its name to AAH Limited.

In 1976, AAH sold off its interests in fuel and building materials. Healthcare services became the company's main business activity. AAH expanded its pharmaceutical interest by taking over a large number of businesses including Chemists Holding and Hills Pharmaceuticals.

AAH Limited became a constituent company of AAH Holdings in 1981, based in London. In 1985 the headquarters of AAH Holdings plc moved to the south of Lincoln. By the late 1980s, when based in Lincoln, the holding company was turning over £1 billion.

In 1985 AAH acquired pharmaceutical wholesaler Vestric Limited from GlaxoSmithKline, which continued the company's growth and led to the formation of AAH Pharmaceuticals Limited.

The company was bought by Celesio AG in 1995 (formerly GEHE AG,[1]) and the headquarters moved to Manor Park in Runcorn, north Cheshire. In 1999 the headquarters moved to Coventry, where it remains as of 2012.

Branches

The AAH group has several branches. The Enterprise branch sells health and beauty products to over 5000 independent pharmacies in the UK. The Trident branch is a shortline supplier to independent pharmacies in the UK. Wilkinson Healthcare provides independent pharmacies with surgical services. Dextrous provides logistical services to manufacturers.

Operations

A lorry belonging to AAH Pharmaceuticals in Plymouth in 2010.

The head office is situated off the A4600 (former A46) south of junction 2 (M69) of the M6 in the north of Coventry on the Coventry Walsgrave Triangle.

It has 19 depots around the UK including locations in Belfast, Glasgow, and Sussex.[2]

See also

References

  1. "The Bigger Picture." AAH Pharmaceuticals. http://www.aah.co.uk/content/bigger-picture. Retrieved 11 February 2012.
  2. "AAH Branch Locations". AAH Pharmaceuticals. http://www.aah.co.uk/locations. Retrieved 30 October 2012

External links

Video clips