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Growing With M&A

Jeff Henderson, CFO, Cardinal Health

By Russ Banham | Updated on February 18, 2011

Like other companies, Cardinal Health hunkered down during the recession, putting its merger and acquisitions plans on hold. Now the company is in the midst of a major shopping spree, having spent more than $2 billion on three acquisitions announced over the past six months, including one in China.

But more than the recent upswing in the economy is fueling the hunt for strategic growth opportunities at the Columbus, Ohio-based provider of products, services and technology to the healthcare industry, which had $96 billion in 2009 revenue.

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