Corporate
Acquisition
Corporate acquisition.
1988
UnitedHealth Group
United Healthcare Corporation launched Diversified Pharmaceutical Services
Diversified Pharmaceutical Services was a pharmacy benefit management subsidiary, in 1988. However, Diversified Pharmaceutical Services did not remain with United Healthcare Corporation and was instead sold to SmithKline Beecham in 1994. That same year, United Healthcare acquired the health insurance company Ramsey-HMO.
2011
UnitedHealth Group
UnitedHealth Group continued acquiring health insurance providers across the country.
Some of these acquisitions, such as John Deere Health Care Inc., were specialized healthcare services tailored for specific markets. John Deere Health Care was available to John Deere employees. Others, such as PacifiCare Health Systems, were larger networks that provided a wide variety of services to patients. In 2011, UnitedHealth Group created Optum, a brand dedicated specifically to healthcare services. Other more specialized variants of Optum were later created by UnitedHealth Group, such as Optum Rx and Optum Bank.
2017
UnitedHealth Group
Following its announcement that it would soon exit state marketplaces, UnitedHealth Group announced its plans to acquire several other companies, increasing its share of the health insurance marketplace.
In 2017, the company acquired Rally Health, with which it had previously been involved as an investor. It later acquired both DaVita Medical Group and Equian.
2008
JBS USA Holdings, Inc.
JBS acquires the beef operations of Smithfield Foods
Following the acquisition, JBS expanded its U.S. operations through a series of additional purchases. In 2008, it acquired the beef operations of Smithfield Foods for $565 million. The same year, it announced plans to acquire National Beef Packing Company for $560 million, but canceled the purchase after the U.S. Department of Justice raised antitrust concerns. In 2009, JBS USA acquired a 63% stake in poultry producer Pilgrim's Pride. It later increased its ownership share to 75.3%.
October 18, 2012
JBS USA Holdings, Inc.
JBS USA announced it would assume temporary management of XL Foods ' Lakeside beef processing plant
On October 18, 2012, JBS USA announced it would assume temporary management of XL Foods ' Lakeside beef processing plant in Brooks, Alberta , under a 60-day agreement that included an exclusive purchase option for XL Foods' U.S. and Canada operations. The acquisition was completed in January 2013 and included the Brooks facility, a second beef plant in Calgary , and a feedyard. In July 2015, JBS USA acquired the U.S. pork processing business of Cargill Meat Solutions for $1.45 billion.