Owens & Minor Overview and Insights

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Owens & Minor is a leading healthcare services company that has been in operation for over 130 years.

The company was founded in 1882 by Thomas Minor and Thomas Owens, and it has since grown to become one of the largest healthcare services companies in the world.

Owens & Minor provides a range of services to the healthcare industry, including supply chain management and medical supply distribution.

The company's headquarters is located in Mechanicsville, Virginia, and it employs over 14,000 people worldwide.

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History and Mission

Owens & Minor has a clear mission statement that puts customers at the heart of what they do. Their mission is to empower customers to advance healthcare, which means they're a crucial part of the healthcare process.

Their customers are the focus of their work, and Owens & Minor is dedicated to helping them do their critical work. This shows that customer satisfaction is a top priority for the company.

Owens & Minor's mission is to empower their customers to advance healthcare, which is a pretty straightforward goal.

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History

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In 2025, the company made some significant moves that are worth noting. They entered into an agreement to sell their Products & Healthcare Services Business to Platinum Equity, a private equity company, in October of that year.

The company also opened an innovative new medical distribution center in Morgantown, West Virginia, the US in June 2025. This is a great example of their commitment to expanding their services and improving efficiency.

In the same month, June 2025, the company terminated an agreement to acquire Rotech Healthcare Holdings, a provider of home medical equipment. This decision likely had a significant impact on their business strategy and operations.

Here's a summary of the key events in 2025:

Mission Statement

Owens & Minor's mission is to empower their customers to advance healthcare. They believe their customers are at the heart of what they do.

Their mission statement emphasizes being a critical part of the healthcare process across its full continuum. This suggests a commitment to supporting customers throughout every stage of healthcare.

At Owens & Minor, customers are their top priority. This focus on customers is a key aspect of their mission statement.

Financial Performance

Credit: youtube.com, Owens & Minor (OMI|$527.4M) - 2024 Q4 & Full Year Earnings Analysis

Owens & Minor has a significant revenue of 10.0 billion dollars.

Their most recent quarter, Q3'2023, produced a substantial 2.6 billion dollars in revenue.

Industry Insights

Owens & Minor is a leading healthcare services company with a long history of innovation. Founded in 1882, the company has been a trusted partner to healthcare providers for over 130 years.

The company's focus on quality and efficiency has led to significant improvements in patient care. Owens & Minor has implemented various initiatives to reduce medical errors and improve patient safety.

One notable example is their implementation of a robust quality management system. This system helps identify and address potential issues before they become major problems.

Owens & Minor's commitment to quality has also led to a significant reduction in inventory costs. By optimizing their supply chain and implementing lean practices, the company has been able to reduce inventory levels by millions of dollars.

Credit: youtube.com, Owens & Minor CEO on ramping up personal protective equipment production

Their focus on efficiency has also enabled Owens & Minor to expand their services to meet growing demand. Today, the company offers a wide range of solutions to healthcare providers, including distribution, logistics, and clinical services.

Owens & Minor's dedication to innovation has led to the development of cutting-edge technologies. The company has invested heavily in digital solutions, including artificial intelligence and data analytics, to improve patient care and streamline operations.

Services and Contracts

Owens & Minor has publicly disclosed IT services contracts, which can be valuable for competitive bidding.

These contracts include IT outsourcing, business process outsourcing, systems integration, and consulting services.

Owens & Minor's publicly disclosed contracts provide insights into its IT services needs and spending habits.

This information can be used to inform business decisions and improve competitive bidding strategies.

By analyzing Owens & Minor's IT services contracts, companies can gain a better understanding of its technology requirements and priorities.

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Competitor Analysis

Credit: youtube.com, Owens & Minor Inc.: Irresistible Yield, Irresistible Valuation

Owens & Minor is not alone in the industry, and understanding its competitors is crucial for making informed decisions. Owens & Minor Inc has a significant presence in the United States.

The company is headquartered in Glen Allen, Virginia, which is a strategic location for its operations. CVS Health Corp, another major player, is based in Woonsocket, Rhode Island.

Owens & Minor Inc has a relatively smaller workforce compared to some of its competitors. With 13,500 employees, it pales in comparison to CVS Health Corp's 300,000 employees.

Here's a brief overview of the key parameters of Owens & Minor Inc and its competitors:

Owens & Minor Inc is a public entity, which means its financial information is publicly available. This transparency is beneficial for investors and analysts who want to track the company's performance.

Employee Experience

Owens & Minor prioritizes employee experience, recognizing that happy employees lead to better patient care. The company has a strong focus on employee engagement, with a goal of 80% of employees reporting they are engaged.

Owens & Minor offers a comprehensive benefits package, including medical, dental, and vision coverage, as well as a 401(k) plan with a 5% company match. This helps attract and retain top talent.

By investing in its employees, Owens & Minor is able to provide high-quality care to its patients.

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The Team

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The founders of Owens & Minor are G. Gilmer Minor and Otho Owens. Their leadership laid the foundation for the company's success.

Owens & Minor's key people include Edward A. Pesicka, G. Gilmer Minor, and Otho Owens. These individuals played a crucial role in shaping the company's direction.

Meet the team that made Owens & Minor a leader in the industry:

  • G. Gilmer Minor
  • Otho Owens
  • Edward A. Pesicka

Diversity

Diversity is a crucial aspect of creating a positive employee experience. Owens & Minor's diversity statistics are quite telling.

Owens & Minor has a significant number of employees, with 17,900 people working for the company.

The company's workforce is predominantly male, with 67% of employees being men, while 33% are women. This imbalance is something that could be addressed to create a more inclusive environment.

The most common ethnicity at Owens & Minor is White, making up 60% of the workforce. This is closely followed by Hispanic or Latino employees, who make up 19% of the company.

Credit: youtube.com, How do Diversity and Inclusion Fit into Employee Experience?

A closer look at the demographics reveals that 12% of Owens & Minor employees are Black or African American. This is an important statistic to consider when thinking about creating a diverse and inclusive workplace.

Here's a breakdown of the demographics at Owens & Minor:

These statistics provide a starting point for understanding the diversity landscape at Owens & Minor. By acknowledging and addressing these disparities, the company can take steps to create a more inclusive and welcoming environment for all employees.

Employee Reviews

Employee Reviews can paint a pretty bleak picture of a company's culture. Owens & Minor employees have reported long hours, with some expecting to work 2-3 extra hours every shift.

Management at Owens & Minor has been described as unsatisfactory, with employees feeling guilty-tripped into working extra shifts on days off.

News and Updates

Owens & Minor plans to release financial results for the third quarter of 2025 on Thursday, October 30, 2025.

Credit: youtube.com, Owens & Minor CEO on hospital supplies shortages

The conference call for investors and analysts will be held at 5:00 p.m. EDT on the same day, accessible via toll-free dial-in number 1-888-300-2035 or toll dial-in number 1-646-517-7437, with a conference ID access code of 1058917.

Medline, a company that provides medical-surgical products and supply chain solutions, serves different points of care within the healthcare industry.

Founded in 1966, Medline is based in Northfield, Illinois.

About Movianto

Movianto, a subsidiary of Owens & Minor, won a contract in 2018 to warehouse and distribute the UK government's stock of emergency personal protection equipment (PPE) worth £10.5m a year.

This contract was previously managed by DHL, but Movianto took over after winning the bid. The company was tasked with storing and distributing the PPE to hospitals and other healthcare facilities across the UK.

In 2019, Movianto gained a UK High Court injunction to stop the owner of the rented industrial property from locking the gates, which would have prevented the company from conducting its business.

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About

Person Holding Medical Supplies
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Movianto is a leading logistics and supply chain company with a strong presence in Europe.

Founded in 2003, the company has over 18 years of experience in providing tailored logistics services to its clients.

Movianto operates in 15 countries across Europe, with a network of 23 locations.

The company has a team of experts who work together to provide a seamless logistics experience for its clients.

Movianto's services include warehousing, transportation, and distribution, as well as value-added services like labeling and packaging.

The company's commitment to innovation and technology has enabled it to develop a range of digital solutions that enhance its logistics services.

Movianto

Movianto is a subsidiary of Owens & Minor that was involved in a significant contract in 2018. The company won a £10.5m a year contract to warehouse and distribute the UK government's stock of emergency personal protection equipment.

In 2019, Movianto was involved in a dispute over payment of rent with Industrial North West LLP, the owner of the rented industrial property. This led to a UK High Court injunction in March 2019 to stop the property owner from locking the gates and preventing Movianto from conducting its business.

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Woman in Blue Polo Shirt Holding Medical Supplies
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Movianto faced criticism in 2020 for causing delays to the distribution of the UK government's stockpile of PPE. The British army was sent to assist in the rapid deployment of PPE, but an investigation found that Movianto had previously stored the equipment in a smoke-damaged warehouse containing asbestos.

In January 2020, Owens & Minor announced its intention to sell Movianto to EHDH Holding Group, a privately held French company. The sale was completed on June 18, 2020.

Frequently Asked Questions

What companies are owned by Owens and Minor?

Owens & Minor owns several affiliated brands, including Apria, Byram, and HALYARD. These brands have been serving patients, providers, and communities for over 100 years.

Raquel Bogisich

Writer

Raquel Bogisich is a seasoned writer with a deep understanding of financial services in the Philippines. Her work delves into the intricacies of digital banks and traditional banking systems, offering readers insightful analyses and expert opinions on the evolving landscape of financial services. Her articles on digital banks in the Philippines and banks of the country have been featured in several leading financial publications, highlighting her ability to simplify complex financial concepts for a broader audience.

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