The private equity firm's investment valued McKesson, Sealed Air and RB-backed e-commerce fulfilment service Pharmapacks at $1.1bn.

Private equity firm Carlyle Group invested more than $250m in Pharmapacks, a US-based e-commerce services provider backed by corporates McKesson, Sealed Air and Reckitt Benckiser (RB), at a $1.1bn valuation yesterday.

Pharmapacks provides a range of fulfilment services for online merchants in the health, beauty and wellness sectors that primarily operate on online marketplaces such as Amazon or eBay.

The company said it is set to record 60% year-on-year growth in 2020 after posting $250m in sales in 2019. It…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.