Kalpana Kalpana (Editor)

Adcock Ingram

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Type
  
Public

Headquarters
  
Midrand, South Africa

Traded as
  
JSE: AIP

Number of employees
  
2,374

Adcock Ingram wwwadcockcozaContentimagesLogoAdcockTurqpng

Industry
  
Health Care, Pharmaceuticals

Area served
  
South Africa and Selected Emerging Markets (southern Africa, Ghana, India)

Key people
  
Andy Hall (CEO) Dorette Neethling (CFO Acting) Clifford Raphiri (Chairman)

Products
  
Pharmaceuticals and Health Care

Stock price
  
AIP (JSE) 5,900.00 ZAC +32.00 (+0.55%)2 Mar, 9:05 AM GMT+2 - Disclaimer

CEO
  
Kevin Wakeford (3 Apr 2014–)

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Adcock Ingram is a South African pharmaceutical company listed on the Johannesburg Stock Exchange. Adcock Ingram manufactures and markets a wide range of healthcare products. The company is a leading supplier to both the private and public sectors of the market. Adcock Ingram has four commercial divisions: Consumer, OTC, Prescription and Critical Care. Its market capitalisation is about R9 billion.

Contents

Adcock Ingram is a level 4 B-BBEE contributor.

Adcock ingram s owner driver scheme in south africa


History

Adcock Ingram first started out as a pharmacy in Krugersdorp trading under the name EJ Adcock Pharmacy in 1891. In the early 1900s, Hyme Tannenbaum was apprenticed to then owner, Jack Blair. Hyme's brothers Jack, Len and Archie soon followed him into the pharmacy, which they eventually bought. Beginning with this one small pharmacy, the Tannenbaum brothers built a cross-country chain of retail pharmacies, a pharmaceutical and toiletry manufacturing giant and a highly respected South African success story. Adcock Ingram was first listed on the Johannesburg Stock Exchange in 1950. The company was sold to Tiger Brands in 1999 for R3.4 billion. In August 2008 Adcock Ingram relisted on the JSE with 172.6 million ordinary issued shares at a price of R33.50 each.

References

Adcock Ingram Wikipedia